A Wedge in chart often points to weaknesses in current expansion direction. It is a common reversal setup. A Falling Wedge is a chart formation with lower high and ...
Plunge Protection Team (PPT) is the nickname for Working Group on Financial Markets. The term was branded as a myth by the financial industry until it was exposed and subsequently ...
After Hours is the trading session outside of RTH. Most of the time the liquidity during AH is not very good, making erratic price movements more likely.
It has many names as it is discovered and rediscovered again and again by different people.
When you see a move, say an up move, retracements are expected. If a retracement ...
Classic Tick Index from NYSE is a broadcasted real-time market breadth data. It is a market timing tool. Tick indices we used here are customized Tick Indices created from specialized ...
Nowadays, many markets trade 24 hours a day. That was not the case before this Internet age and most businesses/trading firms still operate within normal day time hours based on ...
3 short thursts in the same direction yet price does not gain much ground in that direction. A reliable pattern pointing to short term exhaustion and that a pullback is ...