Downward Indices Trend Lines Technical Analysis
Downwards Indices Trend Series of Support Areas & Resistance Areas
Minor support & resistance zones of the stock indices price will quickly form a series of support levels & resistance zones in the short term & quickly move past these support & resistance zones in a downwards trend direction as pictured 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