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An abbreviation for "inside day" which occurs whenever a day?s range is within the range of the previous day.

Additional Comments:

When one day?s high is less than or equal to the previous day?s high, and its low is greater than or equal to the previous day?s low its range is inside the previous day?s range, and it is called an inside day.

Related Terms:

Another term for "lap." A lap up occurs when the next day?s low is greater than ...

Breakaway Gap
A type of gap in trading in which the price range moves above or below the ...

Mercury Chart
A modified bar chart used in commodity futures. Each bar shows the price range for a ...

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