Explanation of Indices Trading Pullback Meaning and Indices Trading Pullback Definition
The stock indices price does not move upward or downward in a straight line. Instead the stock indices price moves up or down in a zigzag pattern called a indices trend
Upward indices trend - the stock indices price moves upward in a indices trend then it retraces before resuming the upward indices trend direction
Downward indices trend - the stock indices price moves downward in the indices trend direction and then retraces before resuming the downward indices trend direction.
What Does Indices Trading Pullback Mean? A stock indices price pullback is a retracement of the stock indices price before the stock indices trading market resumes the original indices trend movement.
Indices Trading Pullback Meaning and Indices Trading Pullback Definition - Example of a Indices Trading Pullback Pattern
What Does Indices Trading Pullback Mean? - Indices Trading Pullback Meaning and Indices Trading Pullback Definition
Explanation of Indices Trading Pullback Pattern
1-2: Indices Price Moves Up - Indices Trend Direction
2-3: Indices Price Pullback
3-4: Indices Price Moves Up - Indices Trend Direction
4-5: Indices Price Pullback
5-6: Indices Price Moves Up - Indices Trend Direction
The pullback definition of stock indices price is explained on the stock indices trading example above - this indices trading pullback represents a indices price pullback in an upward stock indices trend.