An up-thrust day is when the close for the current period surpassesthe previous period's close. A down-thrust day is when the close forthe current period is below the previous period's close.
Similar to spike and reversal days, thrust days signify both thestrength in the market as well as the possibility of directionalreversals. A series of up-thrust days would suggest a pronounced uptrend, while a series of down-thrust days would indicate a downtrenddictated by seller dominance in the market.
A run day
An up run day occurs when the true high of the run day surpasses thetrue high for the past N days, and when the true low is less than theminimum true low on the following N days. A down run day is simply themirror image of an up run day
Run days can be thought of as a trend-following indicator in thesense that they can only be identified N days after the trend has past.As a result, they may not be ideal for forecasting direction, but canbe used as confirmation that a clear trend has in fact manifesteditself.
