Link: Identifying Transitional Structures
Dr. Steenbarger at TraderFeed posted a set-up (post:Â Idenfitying Transitional Structures) using volume, momentum extremes, and the NYSE TICK readings to identify possible exhaustion and reversal points in daily price action which can be very helpful for day-traders (and even swing traders looking to enter a position at momentum extremes/reversal points).
It is recommended reading for those looking to better your information of short-term price patterns and possibilities.