Balance and Imbalance

Balance (contraction) and Imbalances (expansion): what are they, and how can we use them?

If you dig up any stock market price chart, close your eyes, and point at a random day in history, no matter where you land, you’ll either point at a sideways range, or you’ll point at a directional move, either up, or down. There is nothing else to find in price action. Price either consolidates, or price trends. Consolidations are contractions, trends…