ARTICLE SYNOPSIS...Cueing Off Support And Resistance Levels by Thom Hartle Tracking previous highs and lows and analyzing price action can provide clear indications of trend direction. Early in your trading career, you probably learned that you should buy at support and
ARTICLE SYNOPSIS...Identifying Crucial Support And Resistance Levels One tenet of technical analysis is the concept of support and resistance. In it, markets stop declining, thereby establishing a support level. A resistance level is set when a rally completes its rise. S
ARTICLE SYNOPSIS...In the long term, prices are developing a sideways move.
ARTICLE SYNOPSIS...Fibonacci lines are normally used to project support and resistance zones for retracement moves, but as we can see on the DJIA, they may also prove useful for identifying resistance levels for trending markets.
ARTICLE SYNOPSIS...Support and resistance levels can reveal important information about price activity in the markets. The chart of the Nasdaq Composite chart shows how, by taking note of these support and resistance levels, you could have exited any open positions prior
ARTICLE SYNOPSIS...Support And Resistance Levels by John J. Kosar With the advent of personal computers and charting software, support and resistance levels and their value as a technical tool have been overshadowed by sophisticated indicators. Nonetheless, support and re
ARTICLE SYNOPSIS...As helpful as Pivot System levels often are, they have one significant drawback--they are calculated from the prior day's price action and may not accurately reflect recent changes in market psychology.
ARTICLE SYNOPSIS...The forex markets typically move in a zigzag fashion, and that makes entry and exit decisions challenging. Here we look at a few tried and true methods to identify strong support & resistance levels in the forex markets