When Does a Stock Downward Indices Trend Start?
Course: Steps to Identify a Beginning Downward Indices Trend with Indices Trading Examples
When Does a Stock Downward Indices Trend Start
The indices trend is your friend. Is a popular saying among indices traders because you should never go against the indices trend when trading indices. This is most reliable method to trade Indices Trading because once stock indices trading prices begin to move in one specific direction they can move in that direction for quite some time - therefore using this market trend trading method presents an opportunity to make profits from the Indices Trading market.
Principles of How to Draw Downward Indices Trend Lines
Use candlestick stock indices charts to draw indices trend lines
- The points used to draw the trend line - downwards indices trend-line are along the highs of the stock indices price bars in a bearish stock indices market. A downwards bearish indices trend is defined by lower highs & lower lows.
- The points used to draw the trend lines are extremes points - the high indices trading price. These extreme stock indices price points are important because a indices trading price close beyond the extreme tells traders the down trend of the indices trading instrument might be changing. This is an exit indices trade signal.
- The more often a downwards indices trend line is hit but not broken, the more powerful its downward indices trend signal.
