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Congestion

Congestion refers to a period of non-trending or sideways price movement, often in a narrow range (or an increasingly narrow range, as in the case of triangles and pennants). See also Consolidation and Trading Range.

Articles related to Congestion

Momentum Trading with the Wave and Chart Patterns
September 24, 2009
Raghee Horner
It was only after I embraced market cycles that I truly began to understand what to do with all the "lines and levels" I had learned to draw on my charts. Raghee's Horner explains how to become a successful momentum trader. (more)
The Dollar-Correlated Majors Post Non-Farm Payrolls
October 5, 2007
Raghee Horner
The Non-Farm Payrolls number was an encouraging number for those who were concerned about a soft landing and recession. (more)
Intraday Dollar Neutral As Pairs Breakout
October 4, 2007
Raghee Horner
The recent rally in the U.S. Dollar has shifted from an uptrend to neutral which is to say that the next leg is yet to come. (more)
The U.S. Dollar at Key Level
May 14, 2007
Raghee Horner
The U.S. Dollar Index weakness has become a well-known and often-discussed news item. The weakness is such that it has crosses the chasm from active traders and into the consciousness of casual market observer. (more)
A Step-by-Step Guide to Daytrading the S&P 500
March 30, 2007
Paul Sabo
When I come in each morning before the trading day begins, I want to have some sort of a market bias before I start day trading... (more)
Second Chance with the Dollar
March 6, 2007
Raghee Horner
I think what many traders must learn to do is recognize when the charts don't look quite "right". What are some clues? (more)
The Longs Still Have a Bias
December 19, 2006
Austin Passamonte
On Monday, index futures enjoyed a day of rest from the continual upward stagger on the charts. (more)
We Now Have Directional Action Potential
November 30, 2006
Austin Passamonte
Wednesday was another typical end-month session where indexes remained propped from the open to close. (more)
Emini Futures Outlook
November 28, 2006
Austin Passamonte
After the Thanksgiving holiday weekend, there were no x-mas shoppers to be found in the aisles on Wall Street. (more)
Why the Dollar continues to weaken
November 16, 2006
Raghee Horner
The daily chart of the U.S. Dollar tells the story of the current Dollar weakness... (more)
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