Stairsteps Forming

Often I will blog in one place or another about Stair Steps forming.  Someone asked me what I meant by that.  Please see the photo of a gradient forming in this particular market.  This is usually an indication that the market is going to step up those stairs in due time.  We also look for things like the Inverted S curve to show us the way.  Why the Inverted S curve?  Because that is an algorithm that is used by artificial intelligence when assigning risk and forming learning curves.  The market is feeling and learning where it is going, moment by moment and day by day.

 

Stairs forming on the offer side indicating the market price to rise