Stock market pick - picking stocks for swing trade.

	Downtrend Resistance

Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high. The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Note. Strategies are based on system weekly market alerts. System open long positions for each stock that generates downtrend exhaustion or uptrend support alert. System open short position for each stock that generates uptrend exhaustion or downtrend resistance alert. Weekly results summary presents an average weekly gain/losses by strategy. Results are calculated with assumption that position was open for each stock alert on market close at last business week day and position was closed on market close at last business day of the following week.