Downward Indices Trend Lines Technical Analysis
Downward Indices Trend Series of Support Levels and Resistance Levels
Minor support and resistance 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 support and resistance levels in a downward indices trend direction as shown on the stock indexes 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