Hi Stockrocker, Depending on positioning and closing price they...

Hi Stockrocker,

Depending on positioning and closing price they can sometimes indicate a change in momentum/trend or short term market uncertainty. Just google will give you plenty of links ... this explanation below was found at incrediblecharts.com

When is a Trend Uncertain?

Often trends are not very clear with uncertainty among buyers and sellers. Inside days, outside days and borderline days are signs of uncertainty in a trend.

• Inside days have a lower high and a higher low when compared to the preceding bar.
• Outside days have both a higher high and a lower low than the previous day.
• Borderline days are similar to inside or outside days - except that there is an equal high or equal low.

regards
HD