The Wyckoff Method Quiz

Identifying price targets using Point and Figure (P&F) projections

Bar charts and Point and Figure charts of the major market indices

Stocks that are stronger than the market

<p>Whether to be in the market at all and, if so, whether to take long or short positions</p> Signup and view all the answers

<p>Bar charts</p> Signup and view all the answers

<p>Point and Figure (P&amp;F) projections</p> Signup and view all the answers

<p>Intense selling pressures followed by automatic rally and successful secondary test</p> Signup and view all the answers

<p>A decisive test of remaining supply, including a spring to trap late sellers and indicate a new uptrend</p> Signup and view all the answers

<p>To test the demand/supply balance and confirm a top</p> Signup and view all the answers

<p>Preliminary supply (PSY) and buying climax (BC)</p> Signup and view all the answers

<p>Stock leaving the trading range with demand in full control and short-lived setbacks</p> Signup and view all the answers

<p>Identifying the behavior of large operators and the balance of supply and demand</p> Signup and view all the answers

<p>Horizontal P&amp;F count represents the cause, while the subsequent price movement represents the effect</p> Signup and view all the answers

<p>Choose stocks that are under accumulation or re-accumulation and have built a sufficient cause</p> Signup and view all the answers

<p>Determine the stocks' readiness to move and apply the nine tests for buying or selling</p> Signup and view all the answers

<p>Towards the end of the preparation for a price markup or bull market</p> Signup and view all the answers

<p>To help understand price movements in individual stocks and the market as a whole</p> Signup and view all the answers

<p>The law of supply and demand</p> Signup and view all the answers

<p>Horizontal P&amp;F count and subsequent price movement</p> Signup and view all the answers

<p>Using Point and Figure charts of individual stocks</p> Signup and view all the answers

<p>He is a heuristic device to understand price movements in individual stocks and the market as a whole</p> Signup and view all the answers

<p>Three-quarters or more of individual issues move in sync with the overall market</p> Signup and view all the answers

<p>Identifying trading and investment opportunities early enough to profit from them</p> Signup and view all the answers

<p>Three fundamental 'laws' affecting many aspects of analysis</p> Signup and view all the answers

<p>To build a cause in preparation for a new downtrend</p> Signup and view all the answers

<p>Exhaustion of demand and the last waves of large operators’ distribution before markdown begins</p> Signup and view all the answers

<p>To provide a definitive test of new demand after a breakout above TR resistance</p> Signup and view all the answers

<p>The unfolding of the downtrend; the stock leaves the TR and supply is in control</p> Signup and view all the answers

<p>Observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume</p> Signup and view all the answers

<p>Price travels to or through TR support, often with multiple weak rallies and LPSYs</p> Signup and view all the answers

<p>To identify and anticipate the direction and magnitude of the move out of a trading range</p> Signup and view all the answers

<p>The point at which selling pressure usually climaxes and heavy selling is absorbed by larger professional interests at or near a bottom</p> Signup and view all the answers

<p>It represents a price advance on increasing spread and relatively higher volume, often validating the analyst's interpretation of prior actions</p> Signup and view all the answers

<p>To revisit the area of the selling climax to test the supply/demand balance at those levels</p> Signup and view all the answers

<p>To mislead the public about the future trend direction and to allow large interests to acquire additional shares at bargain prices</p> Signup and view all the answers

<p>The low point of a reaction or pullback after a sign of strength (SOS)</p> Signup and view all the answers

<p>To represent both short-term profit-taking and a test for additional supply around the area of resistance</p> Signup and view all the answers

<p>They allow large interests to mislead the public about the future trend direction and acquire additional shares at bargain prices</p> Signup and view all the answers

<p>It provides an early warning of a possible trend change in the near future</p> Signup and view all the answers

<p>To measure a cause and project the extent of its effect</p> Signup and view all the answers

<p>To mark important phases and test the market for supply</p> Signup and view all the answers

<p>Actively buying and selling, with accumulation involving more shares being purchased than sold and distribution the opposite</p> Signup and view all the answers

<p>It represents exhaustion of demand and the last waves of large operators’ distribution before markdown begins</p> Signup and view all the answers

<p>Building a cause in preparation for a new downtrend, with large interests disposing of long inventory</p> Signup and view all the answers

<p>High-volume price bars with wide spread closing at a low</p> Signup and view all the answers

<p>It depicts the unfolding of the downtrend, with supply in control after a breakdown of TR support</p> Signup and view all the answers

<p>Analysis of supply and demand through examination of volume and price movements</p> Signup and view all the answers

<p>It provides a definitive test of new demand after a breakout above TR resistance</p> Signup and view all the answers

<p>Exhaustion of demand and the last waves of large operators’ distribution before markdown begins</p> Signup and view all the answers

<p>Unfolding of the downtrend, with supply in control after a breakdown of TR support</p> Signup and view all the answers

<p>Examination of volume and price movements</p> Signup and view all the answers

<p>To deceive uninformed break-out traders in Phase C</p> Signup and view all the answers

<p>To build a cause in preparation for a new downtrend, with large interests disposing of long inventory</p> Signup and view all the answers

<p>Last gasps of demand and price traveling to or through TR support</p> Signup and view all the answers