Glossary · T
What is Trend day?
A day of persistent directional movement with a thin, elongated profile and little time spent at any price.
In context
On some days the profile has no dominant bulge at all. Instead it is long and thin: volume is spread thinly across a wide range of prices, with no single area where the market settled. This is the thin or elongated profile, typical of a trend day.
Learn it in depth
- Chapter 6: Volume Profile II: Shapes, Yesterday's Map and Value Migration
- Chapter 7: Auction Market Theory
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