Price level that concludes a short-term rally in an ongoing trend.
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The difference between the bid and offer is called the spread.
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When investor expectations change, they often do so abruptly.
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If the moving average has flattened out or has already reversed direction then its violation increases the likelihood of a reversal of the recent trend.
They examine the charts for information on the future direction of the markets.
When the 9 period moving average crosses the 18 period moving average this is the set up.