Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it. Price has memory. Chances are it will do it again. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.
Trends never turn on a dime.
Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers. Bottoms take longer to form than tops. Greed acts more quickly than fear and causes stocks to drop from their own weight. Beat the crowd in and out the door.