What is Indices Retracement Meaning?

The stock indices price does not move up or down in a straight line. Instead the stock indices price moves up or down in a zigzag pattern called a indices trend

Upward 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 Retracement Mean? A stock indices price retracement is a pullback of the stock indices price before the stock indices trading market resumes the original indices trend movement.

Indices Retracement Meaning and Indices Retracement Definition - Example of a Indices Retracement Pattern

What Does Indices Retracement Mean? - Indices Retracement Meaning and Indices Retracement Definition

Explanation of Indices Retracement Pattern

1-2: Indices Price Moves Up - Indices Trend Direction

2-3: Indices Price Retracement

3-4: Indices Price Moves Up - Indices Trend Direction

4-5: Indices Price Retracement

5-6: Indices Price Moves Up - Indices Trend Direction

The retracement definition of stock indices price is explained on the above example - this represents a indices trading retracement in an upward stock indices trend.