Phase A. Stopping the previous bearish trend.
• PS. Preliminary Support. It's the first attempt to stop the downward movement that will always fail.
• SC. Selling Climax. Climate action that stops the downward movement.
• AR. Automatic Rally. Bullish reaction. An upward movement that sets the maximum range.
• ST. Secondary Test. Test of the level of supply in relation to climate action. Establishes the end of Phase A and the beginning of Phase B.
Phase B. Construction of the cause.
• UA. Upthrust Action. Temporary breakout of the resistance and re-entry into the range. This is a test at the maximum generated by the AR.
• ST as SOW. Secondary Test as Sign Of Weakness Sample of weakness in test function. Temporary break of the support and re-entry to the
range. This is a test at the minimum generated by the SC.
Phase C. Test
• SP Spring. It is a test in the form of breakout of the minimums of Phases A and B. There are three different types of Springs.
• Test Spring. Downward movement towards lows of the range in order to check the commitment of the sellers.
• LPS. Last Point of Support. Test in the form of a bearish movement that fails to reach the minimum range.
• TSO. Terminal Shakeout or Shakeout. Abrupt movement of minimum breakout that produce a deep penetration of the level of support and a
fast
Phase D. Bullish trend within the range.
• SOS. Sign of Strength. Bullish movement generated after the Phase C Test event that manages to reach the top of the range. Also called JAC.
Jump Across the Creek. Creek jump.
• LPS. Last Point of Support. These are the rising troughs we find in the upward movement towards resistance.
• BU. Back Up. This is the last big reaction before the bull market starts. Also called BUEC. Back Up to the Edge of the Creek. Back to the
creek
Phase E. Bullish trend out of range.
•Succession of SOS and LPS generating a dynamic of rising highs and lows.
• PS. Preliminary Support. It's the first attempt to stop the downward movement that will always fail.
• SC. Selling Climax. Climate action that stops the downward movement.
• AR. Automatic Rally. Bullish reaction. An upward movement that sets the maximum range.
• ST. Secondary Test. Test of the level of supply in relation to climate action. Establishes the end of Phase A and the beginning of Phase B.
Phase B. Construction of the cause.
• UA. Upthrust Action. Temporary breakout of the resistance and re-entry into the range. This is a test at the maximum generated by the AR.
• ST as SOW. Secondary Test as Sign Of Weakness Sample of weakness in test function. Temporary break of the support and re-entry to the
range. This is a test at the minimum generated by the SC.
Phase C. Test
• SP Spring. It is a test in the form of breakout of the minimums of Phases A and B. There are three different types of Springs.
• Test Spring. Downward movement towards lows of the range in order to check the commitment of the sellers.
• LPS. Last Point of Support. Test in the form of a bearish movement that fails to reach the minimum range.
• TSO. Terminal Shakeout or Shakeout. Abrupt movement of minimum breakout that produce a deep penetration of the level of support and a
fast
Phase D. Bullish trend within the range.
• SOS. Sign of Strength. Bullish movement generated after the Phase C Test event that manages to reach the top of the range. Also called JAC.
Jump Across the Creek. Creek jump.
• LPS. Last Point of Support. These are the rising troughs we find in the upward movement towards resistance.
• BU. Back Up. This is the last big reaction before the bull market starts. Also called BUEC. Back Up to the Edge of the Creek. Back to the
creek
Phase E. Bullish trend out of range.
•Succession of SOS and LPS generating a dynamic of rising highs and lows.
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