What are Chart Indices Trend Lines Used For?

Indices Trend lines are used to generate stock indices signals.

How to Use Upwards Indices Trend Line

Upward indices trend line is used to generate buy stock indices trades in an upward indices trend. The upward indices trend line is used to show support levels for the stock indices price that is moving upwards as indicated by the upward trend line.

This means that the support levels of the stock indices prices keep moving upwards in an upwards indices trend and therefore traders can use these support levels that keep moving upwards to open new buy stock indices trades.

How to Use Upwards Indices Trend-Line - What are Indices Trend Lines Used For?

How to Use Downwards Indices Trend Line

Downward indices trend line is used to generate sell stock indices trades in a downward trend. The downward indices trend line is used to show resistance levels for the stock indices price that is moving downwards as indicated by the downward trend line.

This means that the resistance levels of the stock indices prices keep moving downwards in a downwards trend and therefore traders can use these resistance levels that keep moving downwards to open new sell stock indices trades.

How to Use Downward Indices Trend-Line - What are Indices Trend Lines Used For?