Downward Indices Trend Lines Technical Analysis

Downwards Indices Trend Series of Support Areas & Resistance Areas

Minor support and resistance levels of the stock indices price will quickly form a series of support levels & resistance levels in the short term and quickly move past these support and resistance levels in a downward trend direction as shown on the stock indices example illustrated below.

Downwards Stock Indices Trend: The pattern of this minor support and resistance points will form a sequence of areas whose general direction is downwards.

Downwards Indices Trend Series of Support & Resistance Areas Moving in a Downward Indices Trend Direction