{"id":14173,"date":"2012-05-31T09:23:43","date_gmt":"2012-05-31T13:23:43","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=14173"},"modified":"2012-05-31T09:26:24","modified_gmt":"2012-05-31T13:26:24","slug":"pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/","title":{"rendered":"Pullback off lows \u2013 The only pattern you need to know in downtrending markets"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"\/img\/sites\/ino\/email\/2466.jpg\" alt=\"\" width=\"200\" height=\"150\" \/><\/p>\n<p>As we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns.<\/p>\n<p>Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to know, in downtrending markets the opposite\u00a0applies.\u00a0 In downtrending markets POL's are the only pattern you need to know for shorting. Those POL's are also the what to watch out for if you are long. That all said below are the daily charts of the indexes.\u00a0<!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/4536.jpg\" alt=\"\" width=\"491\" height=\"539\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/4537.jpg\" alt=\"\" width=\"496\" height=\"545\" \/><\/p>\n<p>As you can see from a daily chart perspective each of the above has broken the Pink POL,Snapback rally, D wave, Bear channel call it what you will to the downside.\u00a0 Does that automatically mean this is it? Meaning a retest of recent lows? No, at this point all it means is that its initially broken to the downside and its all about follow through from here.\u00a0 We'll take it a step at a time as usual.<\/p>\n<p>The Russell 2000 shown below tagged its neckline (resistance) of its head and shoulders top\u00a0and one could say and rolled right back over.<\/p>\n<p>This all said? So far so good.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/4538.jpg\" alt=\"\" width=\"496\" height=\"536\" \/><\/p>\n<p>Now let\u2019s take a look at DECK.\u00a0 What is the overall trend of this stock \u2013 up or down?\u00a0 The answer is both.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/4539.jpg\" alt=\"\" width=\"477\" height=\"539\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Overall it\u2019s locked in a downtrend as shown by the red lines.\u00a0 But within those red lines, it has a series of mini-uptrends as shown by the green lines.\u00a0 Those green lines are Pullback Off Lows patterns.\u00a0 Notice how each time, it\u2019s failed at the red line\/50-day?<\/p>\n<p>A short sell trade is triggered on a break to the downside below the green lines.<\/p>\n<p><strong><em>We\u2019ve earned a 76% return in just under 4 years while the S&amp;P 500 has produced a return of just 4% in the same period.<\/em><\/strong><\/p>\n<p>We have a <strong>simple process <\/strong>to help you earn consistent returns in the stock market.<\/p>\n<p>1. We publish a newsletter each Sunday and each trading day that gives you an overview of the market, teaches you about profitable technical chart patterns and how to trade them and includes a watch list of stocks that have completed these patterns.<\/p>\n<p>2. When a stock on our watch list triggers a trade, we send you a Trade Trigger email alert so you can take the trade at the most opportune time.<\/p>\n<p>3. Each newsletter provides updates on our current positions, stocks on our watch list and new stocks added to our watch list.<\/p>\n<p>4. When we are ready to lock down our gains, we send you a Locking In Gains email alert.\u00a0 With our trade trigger alerts and locking in gains alerts \u2013 we make it easy for you to trade in tandem with us!<\/p>\n<p>All of this is available to you for just $29.99 a month.<\/p>\n<p><strong><em>But since you are an INO member, you'll receive our service for just $19.99\/month \u2013 that\u2019s a 33% savings and is month to month, cancel anytime!<\/em><\/strong><\/p>\n<p>Folks, it doesn't get much better than that. To sign up today, just <strong><a href=\"http:\/\/broadcast.ino.com\/redirect\/?linkid=1939\" target=\"_blank\">click here<\/a><\/strong>.<\/p>\n<p>You have very little to lose and a lot to gain!<\/p>\n<p>Sincerely,<\/p>\n<p>All About Trends<br \/>\n<a href=\"http:\/\/allabouttrends.net\/joomla\/\" target=\"_blank\">allabouttrends.net<\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>&nbsp; As we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns. Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to know, in downtrending markets the opposite\u00a0applies.\u00a0 In downtrending markets POL's are the only pattern [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4285,4378,7948,3029,1843,4379],"class_list":["post-14173","post","type-post","status-publish","format-standard","hentry","category-general","tag-all-about-trends","tag-allabouttrends-net","tag-guest-bloggers","tag-pattern","tag-pullback","tag-pullback-off-lows"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pullback off lows \u2013 The only pattern you need to know in downtrending markets - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pullback off lows \u2013 The only pattern you need to know in downtrending markets - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"&nbsp; As we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns. Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to know, in downtrending markets the opposite\u00a0applies.\u00a0 In downtrending markets POL&#039;s are the only pattern [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-05-31T13:23:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2012-05-31T13:26:24+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Pullback off lows \u2013 The only pattern you need to know in downtrending markets\",\"datePublished\":\"2012-05-31T13:23:43+00:00\",\"dateModified\":\"2012-05-31T13:26:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\"},\"wordCount\":538,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"All About Trends\",\"AllAboutTrends.net\",\"Guest Bloggers\",\"pattern\",\"pullback\",\"Pullback off lows\"],\"articleSection\":[\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2012\/05\/pullback-off-lows-the-only-pattern-you-need-to-know-in-downtrending-markets\/\",\"name\":\"Pullback off lows \u2013 The only pattern you need to know in downtrending markets - 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