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Post# of 35087
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The_Pro

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The_Pro

Re: The_Pro post# 2679

Sunday, 06/13/2010 1:22:00 PM

Sunday, June 13, 2010 1:22:00 PM

Post# of 35087
Clarification on Support and Resistance

When I ran the support and resistance from the upper and lower Bollinger bands IT does NOT take into account MM manipulation. I strictly took the high point reading and the low point reading. With manipulation it will not hold.

Support and Resistance therefore are at the hands of the MM's. That is until the traders come in with high volume.
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