What significant trends are occurring in the small-business arena?
What significant trends are occurring in the small-business arena?
The overall direction of a market or the price of an asset is a trend. Trends are defined in technical analysis by trendlines or market action that illustrate when the market for an uptrend produces higher swing highs and higher swing lows, or lower swing lows and lower swing highs for a downtrend.
Many traders prefer to trade in the same direction as a pattern, while adversaries try to recognize reversals or trade against the pattern. In all markets, such as stocks, shares, and futures, uptrends and downtrends happen. In statistics, patterns also exist, such as when monthly economic data increases or decreases from month to month.
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