Glossary

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Consolidation
This is a balance between supply and demand in the financial market. In your terminal, consolidation looks like a subtle change in price without any direction, up or down. An almost horizontal movement sideways is called a "flat" (see) This usually means either a temporary lull in the market (for example, before the holidays), or it shows that there are practically no major players who are willing to transact large volumes (see). Traders say in this situation that "the market froze."

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