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Entries in trend lines (2)

Thursday
Mar222012

Emini Futures | Trend Line Basics Part 2

The S&P500 Emini Futures broke the trading range of the past 3 days. Our Weekly Trading Zones at 1403/1404 have held the top in check and there have been no hourly closes this week below our 1395/1396 Zone. Until today...

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Tuesday
Mar202012

Emini Futures | Trend Line Basics

The S&P500 Emini Futures continued to climb despite weak housing start numbers. How long will this trend stay intact? As with all trends... until it's broken.

Trend Line Basics

Trend lines are simple yet powerful tools. They are used to highlight the general direction of price movement for whatever time frame is currently being observed. Trend lines are based on the idea that price moves in trends either up or down. It is assumed by technical analysis and common sense that prices will continue in the direction of the trend until the trend is broken.

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