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What Are the Colors on WSJ's Bars?
What Are the Colors on WSJ's Bars?

A closer look at WSJ's chart set-up

Team Sang Lucci & Wall St. Jesus avatar
Written by Team Sang Lucci & Wall St. Jesus
Updated over a week ago

The colors you see on certain bars on Wall St Jesus's charts are a feature of the Tom Demark sequence counter. The colors indicate possible overbought or oversold scenarios.

What Is the DeMarker Indicator?

“The DeMarker (or DeMark) indicator, also known by the abbreviation "DeM," is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset. From this comparison, it aims to assess the directional trend of the market” – Investopedia.

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