distribution

Distribution: A trading range, usually after an advance, in which large interests release positions before a markdown.

Typically sequenced as preliminary supply, buying climax, automatic reaction, secondary tests, an upthrust or UTAD, then signs of weakness.

related

Upthrust (UT) · Upthrust after distribution (UTAD) · Buying climax (BC)

Part of the glossary. See also the Wyckoff method.