Replies to post #19249 on T/A ETF AND INDEX

[capt_jmj]

You should know that a single break of a trendline is not sufficient to define a new trend. It *may* be the first indication that the trend is about to change, but it is just the first data point. To have a new downtrend, you would then need to get a second, lower data point (i.e. a lower low), and preferrably a third for confirmation.