Gary Dayton – Wyck in Modern Market II
Traders have been asking Dr. Gary to present the second half of Richard Wyck’s case study after his 3-hour tour de force of Wyck in the Modern Markets Part 1. As in Part 1, Dr. Gary will dive into Wyck’s original case study of the 1930-31 stock market. He’ll show how the Wyck study remains one of the very best study guides to reading the market’s next move.
Further, Dr. Gary details Wyck’s sequence of events from the start of a bear market to its final climax. If you have ever been unsure about a market drop, held on too long during the 2007-2009 bear market, or have been scared out of a perfectly good short position, this webinar is for you.Richard Wyck wrote a case study of the 1930-31 market that was exceptional in conveying to students how to read the market by its own action, bar-by-bar.
Studying and assimilating the concepts and market principles described in this case study can have a profound impact on trader’s understanding of market action. In this webinar, Dr. Gary will review the second half of Wyck’s case study which details all the elements of a down trending and liquidating market – right from its earliest beginnings.
One of the legacies that Wyck left his students was a sequencing of how the market moves; including seeing the telltale signs of a significant market downdraft before it begins and while it persists. In this webinar, we will discuss the sequence of market events that occur in virtually every important down trend. If you have ever wondered, “Should I get out?” or “Can I short sell the market here?” then this webinar could be of significant help to you. You will come away from the webinar with a clear understanding of downtrends trends, the progression they go through and how to identify each link in the chain, from soup to nuts.
What You’ll Learn In Wyck in Modern Market II?
Buying Climax
How to see supply and weakness entering the market before it falls
How to tell a top without climactic action
Identifying the differences between profit-taking supply and climactic action
How to recognize distribution
The death knell for a stock: Fall Through the Ice
The Up Thrust
How to tell when a corrective rally in a downtrend is about to take place
Understanding the characteristics of a corrective rally so you are not scared out of a perfectly sound short position
Identifying when a corrective rally is likely to be over
Understanding the characteristics of a liquidating market
Where to take short trades.
