The Technical View – Current Support and Resistance Levels on World Markets
This week we look at the world markets, and follow up with the single bar trade that formed a bottom on the S&P 500. Â Calling these short term bottoms is one thing (which we did, hallelujah), but actually trading them is another thing entirely. Â We look at how some people might manage that trade, as it unfolds. Â Brilliant stuff.
We also see why the dynamic Support and Resistance of trend lines works so well – especially against the alternative of straight horizontal support and resistance.
It’s all in the video, check it out!
I hope you have enjoyed this post. Â Please leave a comment below!
– Dave McLachlan
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