A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.
A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.
- U.S major indices have fallen into a Bearish Trend since August after having 2 months of Bullish Trend from June 2019 – July 2019.
- U.S Major indices have been consolidating sideways resisted below its mid term resistant.
- U.S Major indices gap up on the 29th August 2019 and is expected to fill up the gap.
- September to remember a breakdown below its sideways support on the U.S major indices will spark continuous Bearish Trend in the month of September 2019.
- September to remember a breakout above its mid term resistant on the U.S major indices will spark a new Bullish Trend in the month of September 2019.
- U.S dollar index bullish trend formation since July 2019.
- Major supports supported at its mid term trend support.
- Rallied to multi year high.
Trade War or No Trade War
Holding onto a Rally Trending Stock = Potential Profit Making
Holding onto a Correction Trending Stock = Loss Making Until Trend Has Shifted
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