Technical Analysis of Continuation Indices Chart Patterns

When these continuation stock indices chart patterns are formed on the indices charts they confirm that the current Indices trend is going to continue moving in the same direction.

These continuation indices patterns are used by stock indices traders to identify halfway points of the indices trend, this is because they form at the halfway point of a stock indices trend.

There are four types of technical analysis for continuation stock indices chart patterns:

• Ascending triangle Continuation Indices Chart Pattern Technical Analysis
• Descending triangle Continuation Indices Chart Pattern Technical Analysis
• Bull flag Continuation Indices Chart Pattern Technical Analysis
• Bear flag Continuation Indices Chart Pattern Technical Analysis

Indices Technical Analysis

The ascending triangle stock indices chart pattern is formed in an upward indices trend and it shows that the upward stock indices market direction of the stock indices trading market is going to continue.

Found within a Indices Trading upward trend, the ascending triangle pattern forms as a consolidation period within the indices up trend and indicates upside continuation will follow.

Ascending Triangle Continuation Indices Chart Pattern Technical Analysis

The market formed an ascending triangle pattern during its upward stock indices market indices trend which led to upside continuation.

The buy stock indices signal point is when stock indices price clears the upper sloping line of the ascending triangle stock indices chart pattern and the stock indices trading market continues moving upwards.

Indices Technical Analysis

The descending triangle stock indices chart pattern is formed in a downward indices trend and it shows that the downward direction of stock indices price movement is going to continue.

Found within a Indices Trading downward trend, the descending triangle pattern forms as a consolidation period within the downward indices trend and indicates downside continuation will follow.

How to Analyze Descending Triangle Indices Chart Pattern - Descending Triangle Continuation Indices Chart Pattern Technical Analysis

The market formed a descending triangle stock indices chart pattern during its downward indices trend which led to further selling and continuation of the downward indices trend.

The technical sell stock indices signal is when stock indices price breaks the lower horizontal sloping line of the descending triangle stock indices chart pattern as selling resumes to push the stock indices trading market lower.

Indices Technical Analysis

Bull flag stock indices chart pattern forms what looks like a rectangle. The rectangle is formed by two parallel lines that act as support and resistance for the stock indices price until the stock indices price breaks out. In general, the flag will not be perfectly flat but it will be sloping.

Bull flag stock indices chart pattern occurs at halfway point of a bullish upward stock indices market indices trend and after a breakout a similar move equal to the height of the flagpole is expected.

How to Analyze Bull Flag Indices Chart Pattern - Bull Flag Continuation Indices Chart Pattern Technical Analysis

The Bull flag stock indices chart pattern above was just a resting period as the stock indices trading market gathered strength to break out and move higher.

The Bull flag stock indices chart pattern continuation stock indices signal was confirmed as the upper line of the Bull flag stock indices chart pattern was broken to the upside.

Indices Technical Analysis

Bear flag stock indices chart pattern flag is found in a Indices Trading downward trend.

The Bear flag stock indices chart pattern is a continuation stock indices chart pattern where the stock indices price retraces slightly with a narrow stock indices price action that has a slight upward tilt.

How to Analyze Bear Flag Indices Chart Pattern - Bear Flag Continuation Indices Chart Pattern Technical Analysis

The Bear flag stock indices chart pattern above was just a resting period for the stock indices trading market prior to more selling.

The Bear flag stock indices chart pattern continuation signal was confirmed as the lower line of the Bear flag stock indices chart pattern was broken to the downside.