What are Indices Trend lines Indices Trading Signals?
A indices trendline on a stock indices chart is used to indicate the general direction of the stock indices trading prices - upwards or downwards.
Indices trendline signals are when the stock indices trading price touches the trend line - when the stock indices trading price touches the trend line then this is interpreted as buy stock indices signal or a sell signal
When stock indices trading price touches the upward trend line it means this is a buy stock indices signal and indices traders will use this upward trend line point to open buy stock indices trades. Trades are then held open as long as the stock indices trading prices remain above the upwards trend.
What are Indices Trend lines Indices Trading Signals? - What Do Indices Trend Lines Signals Mean?
When stock indices price touches the downwards indices trend line it means this is a sell stock indices signal and indices traders will use this downward trend line point to open sell stock indices trades. Trades are then held open as long as the stock indices trading prices remain below the downward indices trend.
What are Indices Trend lines Indices Trading Signals? - What Do Indices Trend-Lines Signals Mean