Sentences with phrase «term downtrend»

Breaking out of the long - term downtrend line and the 20 - day EMA is a bullish sign.

On the other hand, a stock that continually drops in value, or is in a long - term downtrend warrants caution.

OEW continues to show a medium term downtrend.

Second, each of these ETFs is also trading above its five - day moving average, thereby offering a near - term «sell on the pop» opportunity given the longer - term downtrend at hand.

DBHLC pattern represents a sudden shift in the order flow, which can often be a telling sign of a short or long term downtrend.

A market in a long - term downtrend, with continuously falling prices, is called a bear market.

A long term uptrend is commonly known as a bull market while a long term downtrend is known as a bear market.

Here's an example of a false - break in the EURUSD daily chart that led to a top in the market and started a long - term downtrend:

Key resistance is located at 1.0338, only break above this level will indicate that the longer term downtrend from 1.1021 (June 24 high) has completed at 0.9917 already.

This medium - term downtrend channel resides within a larger, long - term downtrend channel extending from the June 2007 high.

However, a break above 1.6692 will indicate that the longer term downtrend from 1.7042 (Aug 5 high) has completed at 1.5708 level already, then another rise could be seen to retest 1.7042 resistance.

We remain bearish biased on this market and will continue watching for price action sell signals from resistance to rejoin the downtrend as we can see the longer - term downtrend is still clearly in effect and key support isn't seen until down near 1.2040 area.

5/18/18 Consolidation 5/11/18 Nascent Short Term Uptrend in Consolidation 5/4/18 Continued Consolidation 4/27/18 Tightening Consolidation 4/20/18 Consolidation 4/13/18 Consolidation with an Upward Bias 4/6/18 Consolidation Continues 3/29/18 Consolidation 3/23/18 Short Term Downtrend 3/16/18 Broad Consolidation in Uptrend 3/9/18 Continued Uptrend 3/2/18 Possible Pause in Short Term Downtrend 2/23/18 Short Term Uptrend

2/5/16 Consolidation in the Short Term Downtrend 1/29/16 Short Term Reversal Higher 1/22/16 Bounce in the Downtrend 1/15/16 Continued Downtrend 1/8/16 Continued Downtrend 12/31/15 Short Term Downward Bias in the Long Term Consolidation 12/24/15 Short Term Upward Bias in the Intermediate Downward Move 12/18/15 Continued Move Lower 12/11/15 Short Term Downward Bias in Consolidation 12/4/15 Consolidation in the Long Term Uptrend 11/27/15 Consolidation in Short Term Uptrend 11/20/15 Continued Short Term Uptrend 11/13/15 More Downside Short Term 11/6/15 Continued Uptrend 10/30/15 Possible Pullback or Consolidation in the Uptrend 10/23/15 Uptrend Continues 10/16/15 Continued Short Term Uptrend 10/9/15 Continued Upward Price Action 10/2/15 Short Term Strength in Consolidation of the Down Move 9/25/15 Short Term and Intermediate Term Downward Bias 9/18/15 Consolidation of the August Plunge with a Downward Bias 9/11/15 Continued Tightening Consolidation with a Short Term Upward Bias 9/4/15 Consolidation in the Pullback, Watching for Direction of Break 8/28/15 Short Term Bounce Continues Watching for Reversal if no Follow Through 8/21/15 Continued Downside with Possible Oversold Bounce

2/13/15 Continued Upward Price Action 2/6/15 Continued Consolidation in the Uptrend 1/30/15 Consolidation with a Chance of Pullback in the Uptrend 1/23/15 Consolidation in the Uptrend 1/16/15 Consolidation in the Uptrend with a Risk of Pullback 1/9/15 Broad Consolidation in the Uptrend 1/2/15 Possible Pullback in the Uptrend 12/26/14 Continued Upward Price Action with Possible Consolidation 12/19/14 Continued Uptrend 12/12/14 Continued Downward Price Action in the Broad Uptrend 12/5/14 Uptrend Continues 11/28/14 Short Term Consolidation or Retracement Possible in the Uptrend 11/21/14 Possible Short Term Pullback in the Uptrend 11/14/14 Continued Upward Price Action 11/7/14 Continued Uptrend 10/31/14 Continued Upward Price Action 10/24/14 Short Term Upside Continues in Long Term Uptrend 10/17/14 Possible Reversal of the Short Term Downtrend 10/10/14 Long Term Uptrend in Jeopardy, Downside Bias 10/3/14 Cautious Short Term Reversal Higher in Long Term Uptrend 9/25/14 Pullback Continues in Uptrend 9/18/14 Consolidation with an Upward Bias, in the Uptrend 9/12/14 Consolidation with a Chance of Pullback in the Uptrend 9/5/14 Consolidation Short Term with an Upward Bias 8/29/14 Uptrend Continues with Possible Consolidation 8/22/14 Possible Consolidation in the Uptrend

Yet is it really the case that the long - term downtrend in overseas equities has been stopped in its tracks?

The currently visible double top can serve as a reversal pattern to let the currency pair return to its long - term downtrend.

The 5 day EMA has been the end of day resistance for all of 2016 as $ SPY has been in a strong short term downtrend.

We are in a long term downtrend and we may end up down over 20 % from the top in coming weeks.

Ethereum is also still in a clear short - term downtrend following the failure to break - out from the broader bearish trend.

Once this happens, it indicates a possible reversal from the current short - term downtrend.

I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term downtrend line remains intact.

Therefore, if $ EEM can rally above the short - term downtrend line annotated on the chart above, and subsequently put in a «higher low,» we might be able to grab a low - risk buy entry point as early as next week.

In this video, Wagner discusses the «trend reversal» entry, which is used to buy a stock or ETF that is reversing out of an intermediate to long - term downtrend after the broad market has done the same.

In early February, the iShares MSCI Emerging Market Index ETF (EEM) rallied above resistance of its long term downtrend line and 200 - day MA.

Regardless, when the market does see it's next reversal, ETFs that are rallying into resistance of long term downtrend lines and down - sloping 200 - day MAs will generally provide the best shorting opportunities.

Conversely, even if QQQ happens to bounce today (we must always be prepared for unlikely scenarios), it should find major resistance at its intermediate - term downtrend line (the descending blue line near $ 64.50), as well as the July 19th high of $ 65.31.

Our signal to list $ PLNT as a potential setup in our stock trading newsletter came on November 7, as the price rallied above the short - term downtrend line (upper channel of the handle).

As you can see in the chart below it is above both the long - term downtrend line and the 200 - day moving average (brown line).

# 1 Breakout from Downtrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the past year.

Because of the clearly defined short - term downtrend line off the highs of the dominant uptrend, we notified subscribers of The Wagner Daily that we would be entering IYR on a breakout above that downtrend line, which occurred on March 12:

Given the immediately negative reaction to earnings of Apple ($ AAPL), which was trading 6 % lower in yesterday's after hours trading, leading stocks, ETFs, and the main stock market indexes could now be on the verge of finally moving out of the choppy, erratic range of the past several weeks, albeit entering into a new intermediate - term downtrend.

Despite the rally, the charts still suggest that there are more troubles ahead for bulls, with the short - term downtrend clearly being intact in the major indices.

Zooming into the shorter - term daily chart of $ USO, we see that the ETF broke out above resistance of its short - term downtrend line (from the April 2 high) just two days ago and is holding the breakout:

Resistance around the high is identified by multiple Fibonacci resistance levels including the 38.2 % retracement of the long - term downtrend.

Monero has been relatively weak today, getting close to its correction lows, as it is in a corrective short - term downtrend.

The ideal entry point for this trade would have been on February 13th when OIL broke above its short term downtrend line.

TAC as a percent of revenue has experienced a momentary spike in prior years and then continued its long - term downtrend.

Ethereum Classic continues to be the weakest major short - term, trading in a steep downtrend after falling below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait for some strength before entering new positions, despite the attractive price levels.

The currency is holding up above the long - term base formation, while still being within the short - term downtrend.

One major question on Wall Street is if the long - term downtrend in rates has now reversed, how will the government pay for all of this new debt on top of the old debt?

While the short - term downtrend remains intact in the currency, a move above $ 2500 would trigger a new long - term buy signal.

Selling Pressure not only dropped [last week], but reaffirmed its long - term downtrend by recording its lowest reading since the start of the bull market in 2009.

It indicates that the longer - term downtrend is ending, and an uptrend is potentially underway.

If $ SMH can set a higher swing low and close above Monday's high on a pick up in volume, then it may attract enough buying interest to break the short - term downtrend line and test the highs of the base:

The Direxion 30 - year Treasury Bull 3X ETF ($ TMF), an index that tracks the performance of long - term US government T - bonds, has been in a long - term uptrend since February of 2011, but has been in an intermediate - term downtrend (correction) off its highs since July of 2012.

A break above the three - day high is our buy entry, as this would put the price action above the 20 - day EMA and the short - term downtrend line of the tight range.

The weekly chart below shows the long - term uptrend in TMF, while the daily chart that follows shows the potential breakout above the intermediate - term downtrend line.

However, the market has it valued much more like Deckers (DECK), which saw a 17 % decline in revenue over the past twelve months and has a long - term downtrend in ROIC.

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.