Upward Indices Trend Lines Technical Analysis

Upward Indices Trend Series of Support Levels and Resistance Levels

Minor resistance and support levels of the stock indexes price will quickly form a series of support levels and resistance levels in the short term and quickly move past these resistance and support points in an upward indices trend direction as shown on the stock indexes trading example explained and illustrated below.

Upward Indices Trend: The pattern of this minor resistance and support points will form a series of support and resistance levels whose general direction is upwards.

Upward Indices Trend Series of Support and Resistance Levels Moving in an Upward Direction