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Re: Think or Swim post# 2753

Monday, 12/09/2013 2:38:57 PM

Monday, December 09, 2013 2:38:57 PM

Post# of 14118
It all depends on the visibility you have into the MMs. You may not be seeing what I am seeing because you don't have Level III visibility. If you did, you would see the lineup of MMs on levels above/below the bid/ask. Based on this, you can get a fairly good indicator of resistance, even if the stock has not yet traded at a particular level.