How can i know read a chart when bearish?

Question

I don't understand why it is continuously going down, how do i know when it will start heading bullish, what indicators are there?

Answer 1

You need between 5-10,000 hours of reading charts before you can anticipate markets about to break.

Here's a good place to start.

http://www.ElliottWave.com

Steve Hochburg is one of the best "Chart Readers" I've seen in years.

Answer 2

Use short interest, the VIX, Divergence on the MACD.

Answer 3

You have 8-10 years to learn about bullish indicators before you will see one.