As this sidewaystrend continues we are seeing a convergence of the moving averages which is predicting more of the same.
横向趋势持续,我们看见移动平均线(预期中)合起来。
2
A sidewaystrend is often regarded as a period of consolidation before the price continues in the direction of the previous move.
横盘通常是指延续原有走势之前的一段时期的股价巩固。
3
We saw an 'Inside Day' pattern yesterday (lower high and higher low) with crude posting a mere 7 cents gain for the day which came as reinforcement for the current sidewaystrend.