All market trends have continuity
It usually goes through ups and downs but generally follows the same direction
The continuity of market trends corresponds to the retail investors' resistance between long and short positions. Retail investors now think they are getting clever and are less inclined to change direction because they all know the transaction fees are high. They prefer to resist, whether it's holding on through losses or reaching their stop-loss points. The end of an uptrend or downtrend must be accompanied by a majority of stop-losses to be considered complete.
It usually goes through ups and downs but generally follows the same direction
The continuity of market trends corresponds to the retail investors' resistance between long and short positions. Retail investors now think they are getting clever and are less inclined to change direction because they all know the transaction fees are high. They prefer to resist, whether it's holding on through losses or reaching their stop-loss points. The end of an uptrend or downtrend must be accompanied by a majority of stop-losses to be considered complete.