HeatseekerPATTERN: Rainbow Road
This heatmap is characterized by having multiple prominent nodes of positive and negative values, in many cases bearing a resemblance to a rainbow. Another…
DESCRIPTION
This heatmap is characterized by having multiple prominent nodes of positive and negative values, in many cases bearing a resemblance to a rainbow. Another distinct feature of this heatmap is the lack of a clear range for price to trade within, heralding choppy and erratic price action.
HOW TO APPROACH
When positioning is this vague, the map offers little to lean on. Many traders treat it as a reason to stand aside until a clearer structure forms.
Indecisive positioning near the beginning of the session, with nodes of interest spread across an 80-point range. (07/02/25)
Multiple prominent purple nodes in the 641-637 range suggest choppy and erratic price action. (08/19/25)
A cluster of prominent nodes can be seen across a 100-point range. (08/07/25)
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