Glossary
Popular definitions
-
Wedge chart patternChart formation that shows a narrowing price range over time, where price highs in an ascending wedge decrease incrementally, or in a descending wedge, price declines are incrementally smaller. Ascending wedges typically conclude with a downside breakout and descending wedges typically terminate with upside breakouts.
-
WhipsawSlang for a highly volatile market where a sharp price movement is quickly followed by a sharp reversal.
-
Wholesale pricesMeasures the changes in prices paid by retailers for finished goods. Inflationary pressures typically show earlier than the headline retail.
-
Working orderWhere a limit order has been requested but not yet filled.
-
WSJAcronym for The Wall Street Journal.