How Many Stock Indices Chart Tops Confirm a Indices Trend Line?
To draw a downwards indices trend line a trader needs at least two tops
To confirm a downwards indices trend line a trader needs at least three stock indices trading price tops to touch the downward indices trend line.
Example of Downwards Indices Trend on a indices chart
How Many Stock Indices Chart Tops Confirm a Indices Trend Line? - How to Use Indices Trend Lines in Indices Trading
A down indices trend occurs when the stock indices trading price forms a series of lower highs & lower lows. Each price high is lower than previous high - lower high, and each low is lower than previous low - lower low therefore showing bearish stock indices trading price movement.
How Many Stock Indices Chart Tops Confirm a Indices Trend Line? - How to Use Indices Trend Lines in Indices Trading