As technical momentum traders, we never place much weight purely in seasonal market trends because we focus on the performance of leading stocks and broad market volume patterns instead. (morpheustrading.com)
This week's downside price action in the dollar index has given the bears some fresh technical momentum. (cannontrading.com)
The bears have gained downside technical momentum and are on the verge of producing a bearish downside «breakout» from the sideways and choppy trading range as depicted by the support and resistance lines seen on the chart. (cannontrading.com)