Chapter 14: Trend Ending #1 – Acceleration and Key Reversals
“Acceleration is always an ending but of undetermined duration.”
– David Fuller
What we will cover in this chapter:
- Acceleration is always a trend ending, but of undetermined duration because the crowd’s emotions are intensifying and liquidity available to fuel the move at that time is quickly being expended.
- An acceleration which follows an already well-developed trend is an ending characteristic. It should not be confused with an acceleration out of a lengthy trading range because a range is an explosion waiting to happen and we expect an outsized move to occur once it is completed.
- It is important to distinguish between these two types of acceleration because the ...