ARTICLE SYNOPSIS...Statistical analysis is used to help clarify the difference between a secondary reaction within an ongoing bull market or the establishment of a new bear market.
ARTICLE SYNOPSIS...Secondary reactions can be used to determine when a bull or bear market trend begins and ends.
ARTICLE SYNOPSIS...After a recent encounter with the rising minor trendline, the bears managed to run roughshod over the bulls, puncturing a hole in the minor rising trendline on the QQQQ's hourly chart. But a secondary trendline may be just the springboard needed to