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Lower Low

A trough that undercuts the prior swing low — one half of the structural definition of a downtrend.

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A lower low occurs when price falls past the most recent significant trough. Combined with lower highs, a sequence of lower lows defines a downtrend — sellers are expanding their advantage on every cycle.

In an uptrend, a price move that prints a lower low (undercutting a prior swing low) is a structural break — the first concrete evidence the trend may be reversing. This distinction between a pullback that holds above prior lows and one that breaches them is critical to trend analysis.

#structure#trend#price-action

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