The COUNTDOWN™ indicator, used with the Sequential and Combo indicators, and other similar DeMark Indicators, is designed to anticipate prospective market tops and bottoms as they occur. Once the market environment has been established by the Setup indicator, the COUNTDOWN indicator is implemented, where the close of the current bar is compared to the appropriate high or low two bars earlier. The resulting output quantifies the progression of the trend and identifies price zones where it is vulnerable to a reversal.

For more information on the COUNTDOWN phase, please click here.