Bounce or Retracement?
In this video, we will talk about the all-important question that traders are asking.
Is this a bounce, or is this a retracement? Especially as it applies to downtrends because the bounces in downtrends are much more violent than a bounce or retracement in uptrends.
Unlike uptrends, downtrends tend to be a little bit more unpredictable.
Traders often ask, “why is that?”
Check out today’s video as we look at the case in the S&P. This would be for any market in a downtrend.
