Body – The Technicals

Markets Have Distinct Patterns of Trend Duration

Markets trend. The most direct definition of a bull market is that the rallies are always longer than the declines. Typical codes of attention spans, or trend durations, develop and repeat during the market process. How prices 'behave' during a trend tells us about the strength of the market. While there are a multitude of technical theories, this simple analysis of the trend is a unique distillation of market price behavior. It simplifies all other technical measures into a singular metric. And it is all you need to determine the technical condition of the market.

Trend Durations and their Interpretation