All About Trends -- They are the only things YOU Need To Know
7-16 where is a major support in this time frequency? 4350 that's where. Where is resistance aside from right here? 4490 at a retest of the highs. So, upside to resistance is? From 4440 as of this moment in time to 4490 or 50 points. Where is support from here? 90 points lower. So the risk if going long here is? 50 points of upside with 90 points of downside risk when you use support and resistance to guide you. Thanks anyway I'll pass going long here.
Gary the Yellow lines are for you.
$RUT - 1 hour OHLC Bars, 520
AAPL - 15 min OHLC Bars, 520
S&P 500 Large Cap Index ($SPX)