Standard Sell Signal
The standard sell signal often allows selling at a better price than the last-resort signal. The market does not always produce the clean structure required for the standard sell signal. The usual Dow Theory sell setup begins in an uptrend…
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The standard sell signal often allows selling at a better price than the last-resort signal. The market does not always produce the clean structure required for the standard sell signal. The usual Dow Theory sell setup begins in an uptrend, followed by a decline, a secondary reaction rally, and then a breakdown. A standard sell signal appears when relevant lows are broken on a confirmed basis.