Downward Indices Trend Lines Technical Analysis

Downward Indices Trend Series of Support Levels and Resistance Levels

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

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

Downward Indices Trend Series of Support and Resistance Levels Moving in a Downwards Indices Trend Direction