Market Patterns
BULL
- Low made early in time frame | - Closes tend to be above fair price- Highs made late in time frame | Bottoms tend to form at
|
BEAR
- High made early in time frame | - Closes tend to be below fair price- Lows made late in time frame | Tops tend to form at
|
BULL COIL
- Market that exceeds normal vertical range for the time frame- Track value area for consolidation phase |
BEAR COIL
- Market that exceeds normal vertical range for the time frame- Track value area for consolidation phase |
NEUTRAL
- Highs and lows made in the middle of time period |
OVER BOUGHT
- Exuberant pace as compared to median range (high minus low) shown in each chart |
OVER SOLD
- Exuberant pace as compared to median range (high minus low) shown in each chart |