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 ...
Measured move is a highly structured price movement that consists of 2 swings in the same direction with a pause in-between. Detailed explanation can be find in this article
A clear directional change is happening and initial impulse move has already started. Yet, the market pulled back magically and stuck there for a while before the market can continue ...
Trader or bot whose primary function / objective is to profit from the orderflow of a market. For some market, the privilege of being a market maker also comes with ...
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 ...
Consolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...
Inverse Head and Shoulder is the upside down chart pattern of Head and Shoulder. Contrary to popular subjective usage or description, IHS should not have its right shoulder dropping below ...
A terminal pattern for downtrend. Bearish version of this pattern is known as Wyckoff Up Thrust. Detailed explanation of W. Upthrust can be found in this article
Triple green is an old saying among many equity traders who trade equities in US stock markets. On old monitors, the instruments are displayed in green when they are ...
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 ...