What Happens when a Indices Trend Line is Broken?
What Happens when a Trendline is Broken?
The trendline break - when a trendline is broken it is a reversal signal where the trading market goes through the trend line & starts heading in the opposite direction.
What Happens when an Upward Trendline is Broken?
When a trendline is broken in an upward trend - when a trendline is broken then sentiment of the trading market reverses & becomes bearish
What Happens when an Upwards Indices Trendline is Broken - What Happens when a Indices Trendline is Broken?
What Happens in Stock Indices after Downward Trendline is Broken?
When a trendline is broken in a downward trend - when a trendline is broken then sentiment of the indices reverses & becomes bullish
What Happens in Indices after a Indices Trendline is Broken?
NB: for very strong trends, when a trendline is broken the price will consolidate for some time before moving in opposite trend direction. For short term market trends when a trendline is broken it will mean price may reverse immediately.