Futures

Futures - Support, resistance and trends

Level: Beginner / Length: 5 minutes

Markets tend to move in a general direction, or trend. In this module we’ll explore technical analysis in more detail, including how to identify trends, as well as key levels of support and resistance.


Learn about uptrends, downtrends and sideways trends.

Understand major, intermediate and near-term trends.


There are three main trends adopted by traders: Major or long-term trend, intermediate and short-term trends. The intermediate trend, which could last up to several months, is most often used by traders to confirm the overall direction of the market.

  • Support and resistance – what do they mean?
  • What a trend is within technical analysis?
  • The different types of trend

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900
Hellerup
Denmark

Contact Saxo

Select region

International
International

All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

Apple and the Apple logo are trademarks of Apple Inc., registered in the US and other countries. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.