Rules and logic to remember when trading, useful for judging market trends.
1. Any decline in an ascending channel is a pullback; enter
2. Any rise in a descending channel is a rebound; sell
3. A sideways market at high levels means distribution; sell
4. A sideways market at low levels means accumulation; buy
5. Enter on minor declines in an uptrend
6. Sell on minor rises in a downtrend
7. Support that holds for too long will break; sell
8. Resistance that holds for too long will break; buy
1. Any decline in an ascending channel is a pullback; enter
2. Any rise in a descending channel is a rebound; sell
3. A sideways market at high levels means distribution; sell
4. A sideways market at low levels means accumulation; buy
5. Enter on minor declines in an uptrend
6. Sell on minor rises in a downtrend
7. Support that holds for too long will break; sell
8. Resistance that holds for too long will break; buy




















