Article (Un)Mapping the Trend

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Trend does not exist in the now and the phrase, “the trend” has no inherent meaning. -Ed Seykota
Among the various foundational concepts in technical analysis, trend occupies a unique space in its peculiarity. This article aims to explore the peculiar aspects of “trend” – a concept which may seem simple and familiar, yet is highly paradoxical when viewed from a critical perspective.
From a technical standpoint, the concept of trend is fairly straightforward and easy to grasp. Identifying a trend on a chart, or distinguishing trending from non-trending movement, is a fairly intuitive exercise. With regard to form, trends seem to possess a distinct clarity and singularity.  With regard to progression, trends seem to exhibit a sense of logic and continuity. All of this can be seen in hindsight, as trends are determined from a static price landscape.
However, the notion of trend also concerns dynamic movement – the cutting-edge of a given now. This is the juncture at which the concept...

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