How Can I Tell a Bullish Trend?
Explain How to Identify Up Indices Trend Market Direction
How Can I Tell a Bullish Trend? - How Can I Define a Bullish Trend?
A bullish trend indices trend or an upwards trend is defined by trading prices closing with higher highs and higher lows. This is the definition of a bullish trend.
The example explained and illustrated below defines the bullish trend setup
Simple Way to Identify Indices Bullish Trend & Upward Indices Trends
Indices Trend is the market tendency of stock indices prices to move in a particular direction for a period of time
For an Upward indices trend the price will move in a general market direction upwards.
This means prices will close higher than where they opened.
Upward Stock Indices Trend
An upward indices trendline is plotted below the pattern by connecting at least two lows. This will draw a line that show the general indices trend direction of the market.
The example explained and illustrated below shows how stock indices price moves when it is moving in a bullish market upward trend. The stock indices price will move up-wards forming support regions.
Since the market moves in a zig zag manner indices traders normally draw an upward indices trendline which displays the general up-ward direction.
Definition of a Upward Indices Trend - Explain How Do I Identify Up Indices Trend Market Direction
An upward indices trend occurs when the price will continue to make consecutive higher highs and higher lows. Each high is higher than the previous high- higher high, & each low is higher than the previous low- higher low.
Up indices trend trendlines gain more validity every time stock indices price touches these trend lines but does not penetrate below the upward trend line. An up indices bullish trend remains in place until this sequence of higher highs and higher lows is broken - the upward trend line is broken, trading price moves below the upward trend line.