Consolidating market

In technical analysis, a consolidating market is a market that is neither continuing nor countering a long-term trend. Instead, its price is only experiencing rangebound price activity. This is also seen as market indecisiveness. A market’s price during a period of consolidation will still fluctuate, but it won’t break out of a certain price range.As soon as the market breaks out and moves either above or below the stagnant trading pattern, the period of consolidation ends.