Daily Archives: August 16, 2021

Theory of Congestion Action

“Congestion action” is our term for that kind of trad­ing which goes up and down, up and down, between sup­port and resis­tance, and resis­tance and sup­port. This pat­tern occurs again and again, and occurs in a great major­i­ty of all mar­ket activ­i­ty. When you see the mar­ket bounc­ing back and forth – that’s con­ges­tion action.