Indices Upward Indices Trend Definition
A Upward indices trend in indices trading is the tendency of indices prices to move in a upward direction for a period of time in a general direction upward.
Up Trends can be analyzed using Upward indices trend lines.
Upward indices trend line analysis helps traders to define the Upward direction of the stock indices trading market. Up indices trend lines connect a series of stock indices price lows forming a sloping indices trend which represents the general upwards movement of the stock indices price.
For an upward sloping line this is known as an Up indices trend - the indices trend line drawn is known as an Upward indices trend line.
Upward Indices Trend Line
An upward indices trend line is drawn below the upward sloping pattern by connecting at least two lows. This will draw a indices trend line that show the general direction of the stock indices trading market upwards.
The example explained and illustrated below shows how stock indices price moves when it is moving in an upward indices trend. The stock indices price will move upwards forming support levels.
Since the stock indices trading market moves in a zigzag manner indices traders normally draw a indices trend line which shows the general upward indices trend direction.
Indices Trading Up Indices Trend Definition
A indices up trend occurs when the stock indices price makes consecutive higher stock indices price highs and higher stock indices price lows. Each stock indices price high is higher than the previous stock indices price high - higher high, and each stock indices price low is higher than the previous stock indices price low - higher low.
Indices Trading up indices trend lines gain more validity each time stock indices price touches but does not penetrate it. A indices up trend remains in place until this series of higher stock indices price highs and higher stock indices price lows is broken -indices trend line break reversal indices signal.