Other Studies

Wilder's classic volatility measure. Not a read on the crowd's mood, but on the volume of its argument.

A framework reading the market as five impulse waves and three corrective waves. Understood not as prediction, but as the discipline of asking where the crowd stands in its emotional cycle.

Projecting price beyond the original swing. Reading how far a new leg has room to run, in the language of supply, demand, and crowd fatigue.

Pullback levels drawn from the golden ratio. Why so many participants watch the same numbers, and what the reflexivity of that fact means.

A floor-trader's calculation that served as the centre of gravity for the day. A reflexive tool that works because everyone sees the same levels.

The foundation of all technical analysis. The definition of trend and six core tenets, read through the lens of crowd psychology.

The single most important concept in technical analysis. The 'walls' where price stalls, bounces, and swaps roles — explained through order clustering and crowd psychology.