Narrow Range Consolidations
                        After  strong  thrust  moves  in  either  direction,stocks  will  consolidate  as   dynamite   triangles,   flags,   symmetricaltriangles, horizontal trading ranges etc., but  it  is  all  with  shrinkingvolatility.  This reduction in volatility usually precedes a strong move  inthe direction of the trend. (see AXP Chart)                       The dynamite triangle or flag usually gives  you  thestrongest moves in the highest RS stocks  because  they  usually  only  pullback or consolidate for 3, 5, 7, 8, and 13 days. (Review Week 4)
                       AXP Chart