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excess high

A high characterized by a number of single prints that ends a move and is at the top of a daily market profile distribution. The minimum number of TPO’s that is necessary to define an excess high is two, however when the excess has only a few TPO’s, it is said to be “lack of material excess”. An excess high is the opposite of a poor high, which has no single prints and is flat along the high where the TPO’s line up next to each other.