| Range: |
The
difference between the high and low price of a commodity during a given
trading session, week, month, year, etc. |
| Rate
of Change: |
A
momentum calculation that divides today's closing price by the closing
price N days ago. Except for
the scale, this study is virtually identical to the "momentum"
technical study, which measures the difference
between today's close and the close N
days ago.
|
| Regulations
(CFTC): |
The
regulations adopted and enforced by the CFTC in order to administer
the Commodity Exchange Act. |
| Reparations: |
The
term is used in conjunction with the CFTC's customer claims procedure
to recover civil damages. |
| Reportable
Positions: |
The
number of open contracts specified by the CFTC when a firm or individual
must begin reporting total positions by delivery month to the authorized
exchange and/or the CFTC.. |
| Resistance: |
A
price level that acts as an overhead barrier to further price gains.
Prices will frequently rally to these levels and then retreat. Resistance
(like support) is rarely a specific price; it is more often a relatively
contained price range, frequently in the vicinity of past technical
patterns. One of the basic precepts of support and resistance is that
once a support level is violated it becomes a likely new resistance
level and when a resistance level is penetrated it becomes a new support
level. |
| Reversal: |
A
short underlying asset position protected by a synthetic long underlying
asset position. The synthetic
long underlying asset position consists of the combination of a long
call option and a short put option.
Both options have the same strike price and expire the same month.
|
| Reversal
Patterns: |
Price
patterns that suggest a trend reversal rather than a continuation of
the current trend. Double and triple tops/bottoms, head-and-shoulders
patterns, cup-and-handle patterns, and V tops and bottoms are some examples
of reversal patterns. |
| Rollover: |
When
one futures contract expires and the next contract in the cycle becomes
the new front month. |
| Round
Turn: |
A
completed futures transaction involving both a purchase and a liquidating
sale, or a sale followed by a covering purchase. |
| Rules
(NFA): |
The
standards and requirements to which participants who are required to
be Members of National Futures Association must subscribe and conform.
|
| Runaway: |
A
strongly trending stock or future. |
| Running
Cup-and-Handle Pattern: |
A
cup-and-handle pattern that occurs in an existing up trend. In this
context, the pattern functions as a continuation pattern (a pause in
the trend) rather than a reversal pattern. See Cup-And-Handle pattern.
|