Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Feb 6 4:00 PM EST

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To: expiredoptions who wrote (49289)	4/24/2013 6:06:43 PM
From: expiredoptions	2 Recommendations Read Replies (1) of 223045

We all know that uptrends eventually end. The beginning of the end is the inability to continually make "new higher highs" and "new higher lows," because that is the definition of an uptrend. Usually though an index will at least double top or triple top at approximately a similar price (or slightly lower price) then the all time high price that it can't seem to rise above. Once an index does that, it either starts making lower highs and lower lows (beginning of a downtrend), or it simply goes into a prolonged trade range with relatively similar highs and lows.

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