the.com/consolidation
When everyone in the market gets bored and tired at the same time.
means The process of combining multiple smaller things into one larger, more unified whole — companies merging, debts rolled into one payment, or power gathering into fewer hands.
from From Latin consolidare — 'to make solid' — built from com- ('together') and solidus ('solid, whole'). It traveled through Old French before settling into English in the 1400s, originally used for making something physically firm, then widened to mean the firming-up of anything scattered: fortunes, territories, companies, or — fittingly — a tired market pulling itself into one dull, solid lump.
- price action
- goes sideways, crushing both bulls and bears equally
- follows
- usually comes after a sharp, exhausting move
- precedes
- often the calm before the next breakout
- options traders
- bleed theta while waiting for a decision