This is a typical example of a day in which most of the energy of the market has been expended early in the day. This is signified by the large early range as defined by the yellow signal bar above. This bar, on a day such as this one, will be much larger in comparison to previous days. The chart pattern which follows the signal bar on the chart above is rather typical in that the market more or less wanders in a sideways, directionless manner for a good part of the remaining session.