Hi KC,

hope phase:  My definition may vary from others.  To me its the phase affter a top is made, where  the late comersto a market try annd buy or sell the market  This is also the "please Lord, I promise that if give me"X" price again, I promise I will sell.  There is a post last fall, where we discussed this in depth.

MAJORS/Minors.  In this case, minors into majors means there is internal swing inside of the last swing.  The majors, also called whales, have not been challenge and are possubly wanting to move their orders down..  The minors (smaller traders) get all excited becauseof some news or "secret" indicator they have shows divergence etc. etc. causes an inside swing.   These traders think the trend has changed, when in reality, it hasn't.  They usually run price right into the whale's sell/buy orders  and eventually end up getting stopped out. Major players use maor sructure, minors use ino structure.

AR:  Action/Reaction.  Just as in all things, there is a point where the market is in balance.  The action occurs when price gets stretched in one direction - storing enegy.  The reaction is the release of the stored energy.  Think of snapping a rubber band.  The rubber band is in balance while at rest.  The action is the stretch, and the reaction is the "SNAP".

WASH:  A deliberate action by a major player to run the stops of minors, then pushing the market the other direction.  

Planting here as well.  Not sure I did your questions justice.......maybe another day