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Letters To S&C | OCT 1999
V.17:10:LETTERS
IDENTIFYING SUPPORT & RESISTANCE LEVELS Editor, Bravo! I found Ned Gandevani’s article in the July 1999 STOCKS & COMMODITIES, “Identifying Crucial Support And Resistance Levels,” the true remedy for my quest. As an S&P day trader, I’ve been in search of a solid method to identify support and resistance levels in the S&P market. I couldn’t agree more with Gandevani’s statement that none of the old and linear techniques work in the S&P market. The author’s simple and creative concept offers a great practical tool in locating crucial support/ resistance levels or common numbers. Great choice and superb article. Thanks again! MISHA JONES, via E-mail
by Technical Analysis, Inc.
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