This is the Ftse 100 index with a simple trend line on the monthly chart.
I have placed an arrow to show where the market actually made a monthly candle close below the trend line but has since gone on to recapture it.
I have placed an arrow to show where the market actually made a monthly candle close below the trend line but has since gone on to recapture it.
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February 2020 Monthly candle close below the trendline.