Following a protracted period of selling or buying, a point wherein market trends are retarded or discontinued.
At a selling climax, the market is characterized by a trend reversal whereby the market begins to buy stocks and prices rise. For a buying climax, the opposite occurs, and the market begins to sell, resulting in lower prices. The climax is merely the highest point of selling or buying and can be followed by many trend reversals.
A.) Prices have been in a range for the last two weeks
B.) Volume has been increasing.
A.) Prices have been in a range and
B.) Volume has been increasing
A.) Prices have been in range and
B.) Volume is increasing a bit, but not to the degree as the SPYs and QQQQs
