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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