The time period from 2:45 PM to 3:15 PM. This is often when trend days either continue or stall before close; significant for visualizing the day's final narrative.
The time period from 2:45 PM to 3:15 PM. This is often when trend days either continue or stall before close; significant for visualizing the day's final narrative.
The L period reveals the market's behavior heading into the final phase of trading. On trend days, this period often shows continued extension in the primary direction as late participants chase the move. On balanced days, L period may display profit-taking and position squaring ahead of the close. This period is crucial for determining end-of-day trade management decisions.
