Meanwhile, an uptrend
line is crossing with the short-term moving average, which is considered a critical point to decide on the next move direction, but an increase in volume could lift the index above this barrier.
93, which would complete a 50 per cent retracement of the medium-term uptrend
that started from the 1,425.
For a second week, the ADI closed below its uptrend
line after spending much of the week rallying off the bottom at 2,554.
Private spending on new construction is a lagging indicator that Hill soon enter an uptrend
due to the sustained rise in corporate profits that began last year.
Shares remain in a near-term uptrend
but they did just hit a short-term overbought reading.
DMI+ is located above DMI-, the indicators are slowly converging; ADX is at the top of the scale and reversed downwards, indicating deceleration of the local uptrend
A Hanging Man in an uptrend
signals that the upward momentum is slowing.
While the majors decide if they are moving up or down from their respective levels, the AUD/CHF has pulled back down to a support level while in an uptrend
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This channel is an extension at a steeper angle of the bullish recovery uptrend
that started when price came off the lows of September 2017.
DMI+ is located above DMI-; ADX is at the top of the scale and is going upwards, indicating the local uptrend
Student's Question: I just cannot visualize how a downtrend can have uptrends
in it-or downtrends in an uptrend
for that matter.