the concept of selecting sustainable bull trends on a price chart

Sustainable Bull Territory

The sustainable bull territory is one of the zones we talk about in our Momentum Zone Principle. Sustainable bull territory is when RSI momentum indicator with a look-back period of 14 reaches above 67. When that happens, it’s best to view any subsequent price weakness as just a correction in an ongoing bull market and expect the market to form higher highs in the sequence. That’s not always the case, but even when it’s not true, the market will usually make at least a decent rally attempt after the initial sell off.