Replies to post #261 on Medved Trader user group

[Mr Nasdaq]

Farooq,

A Support & Resistance Report alert is based on either an area of concentrated Support (Buy Alert) or concentrated Resistance (Sell Alert). It, therefore, invariably represents a pivotal area on a chart.

There are often times when an area of concentrated Support eventually fails. In those cases, however, because it represetns a pivotal area on the chart, failed Support becomes a sell signal.