What is a Indices Trading Pullback?

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 - in this pullback pattern the stock indices price moves upward in a indices trend then it retraces before resuming the indices trend direction - in a downward indices trend the stock indices price moves downward in the indices trend direction and then retraces before resuming the indices trend direction.

What is a pullback? A stock indices price pullback is a pullback of the stock indices price before the stock indices trading market resumes the original indices trend movement.

Example of Zigzag Indices Price Movement: The example explained and illustrated below shows stock indices price moving up in a zigzag pattern showing stock indices price indices trend and stock indices price pullback.

The example explained and illustrated below shows movement in an upward market and stock indices price pullback.

What is a Pullback? - What is a Indices Trading Pullback? - Indices Price Pullback Explained with Example

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