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                                                   Persistence of Trend

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Amritendu Maji
2017-07-13 18:21:20


Is there any way to check if a certain index or asset displays persistence of trend? Basically, if it is up today, does it go up tomorrow and the next day and so on... Vice versa for down moves.

Basically, if there is persistence of trend, then a swing back over a certain magnitude in the other direction carries the high probability of continued movement in that direction.

Thank you,
Maji



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