The colored arrows show the recent trend (past) to the left of the dotted line, the dotted line indicates today's action, and
the forecast movement (outlook) in the right half of the icon.
 
Trend and Outlook Price Implications
Down
Down nearing consolidation
Down, nearing bottom
Down, entering consolidation
Down, bottoming now
Sideways
Sideways, nearing advance
Sideways, nearing decline
Sideways, entering advance
Sideways, entering decline
Up, unclear
Down, unclear
Sideways, unclear
Up
Up, nearing consolidation
Up, entering consolidation
Up, nearing top
Up, topping now