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extended up-trend. Resistance forms just below the previous high. Related, brokers Bets Intraday Calls For. Displays a bull trap that took more than a year to complete: Price spiked up to a new high, in early 1998, but quickly retraces. TickerSense Blogger Sentiment Poll "bull market depression, "elliott wave "financial crisis gold, invest, "market crash metals, precious, "robert prechter "stock market "technical analysis trading, day trading, "day trading "swing trading "bear market investments, investing, "financial market bonds, "muni bond "bond market "federal nyc rea working at home jobs reserve spx,. Bull Traps, bull traps occur when an upward breakout retreats back below a resistance level.
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If the 34-week SMA is above 89-week SMA I consider the market as super bull and if the 34-week SMA is below 89-week SMA I consider the market as super bear. An equal lower high confirms resistance has formed.00: the low before. The strong following correction is a bearish sign. We will use a 34-week simple moving average and a 89-week simple moving average on Nifty weekly chart. Perfect Your Market Timing. Go long when price rises above the support level. Brokers Bets Intraday Calls For. Others are simple and intuitive. How To Calculate The Bull Or Bear Market Now? To identify whether its a bull or bear market now we can look to the benchmark index like Nifty to get an idea on how the markets might.