Sharp post Newly. Let me add something that has been useful to me; when a stock or an index or a future is in a clearly defined uptrend and support and resistance areas are identified, they can be used. But when the trend turns down, support ain't what it was...support in an uptrend means little during a downtrend.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.