Glossary

Confluence

Multiple independent signals (zone + fib + structure) agreeing at ONE price — where pros strike.

Related terms

  • ConsolidationSideways compression after a move — the market catching its breath before deciding.
  • CorrectionA counter-trend move (in Elliott: the 3-wave A-B-C) that resets the trend for continuation.
  • CorrelationHow two assets move together. DXY vs gold: inverse. Nasdaq vs S&P: positive.
  • COT ReportWeekly CFTC report revealing how commercials and large speculators are actually positioned.
  • CounterpartyWhoever is on the other side of your trade. Every buy needs a seller.
  • CPI — Consumer Price IndexTHE inflation number. A hot CPI = rate-hike fear = risk assets sell.

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