if you can picture a graph her illustration will become more concrete. on this graph you need to picture a high and a low point on the Y-axis. if the trend (or that line you draw between charted points, following the x-axis) goes above your high point, she says that the market will tend to continue going up. its like once the market hits that high, interia will carry it further for a predictable amount of time. similarly, if the trend goes below your low point, she says the market will likely continue to be bearish (under-perform) for a while. as far as "bounce" is concerned, if the market performance cannot reach your high or low points, it is likely that there is a market influence that is perhaps unseen, or difficult to predict, which will bolster whatever move the market makes next. to mitigate this risk, it is always adviseable to set your limits prior to trading. decide which gains and losses are acceptable and even put a cap on gains, so that you automatically sell when you've realized a certain gain.
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