If, after observing a substantial down-move, the market goes into an area of recent new low ground, with a
wide spread down, accompanied by high volume, while the next day is an up-day, this is a failed downmove.
Exercise caution in a bear market: This might be buying! To stop a bear market, you will need to
see buying spread over an accumulation phase – this can take time. Keep in mind that professionals will
accumulate in a falling market, and you will occasionally see evidence of this on your TradeGuider charts
(i.e. intermittent green indicators appearing during a down-move).
Master