Market Patterns

BULL

- Low made early in time frame
  • 1st hour by day
  • Mon-Tue by week
  • 1st week by month
- Closes tend to be above fair price
- Highs made late in time frame
Bottoms tend to form at
  • High volume node
  • Bottom of value area
  • Single prints

BEAR

- High made early in time frame
  • 1st hour by day
  • Mon-Tue by week
  • 1st week by month
- Closes tend to be below fair price
- Lows made late in time frame
Tops tend to form at
  • High volume node
  • Top of value area
  • Single prints

BULL COIL

- Market that exceeds normal vertical range for the time frame
  • Median ranges are displayed with each chart to judge uncharacteristic moves
  • Resting phases are normal in trends
  • Usually lasts at least 3 profiles
- Track value area for consolidation phase
  • Close outside value often signifies trend continuation or change

BEAR COIL

- Market that exceeds normal vertical range for the time frame
  • Median ranges are displayed with each chart to judge uncharacteristic moves
  • Resting phases are normal in trends
  • Usually lasts at least 3 profiles
- Track value area for consolidation phase
  • Close outside value often signifies trend continuation or change

NEUTRAL

- Highs and lows made in the middle of time period
  • Color codes distinguish days, weeks and months
  • Week high and low made mid week
  • Month high and low made 2nd or 3rd week of month

OVER BOUGHT

- Exuberant pace as compared to median range (high minus low) shown in each chart
  • Long thin bell curves with low volume zones (single prints) and small distributions (time at price)
  • Short wide bell curves often follow these structures

OVER SOLD

- Exuberant pace as compared to median range (high minus low) shown in each chart
  • Long thin bell curves with low volume zones (single prints) and small distributions (time at price)
  • Short wide bell curves often follow these structures

RIPE TO RUN

- Markets that are fairly priced for abnormally long periods of time
  • Short fat bell curves
  • Dimension of width or time at high volume price is far above the median
  • Trend type profiles are common after these structures form