Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...

For example, if price dips to support and immediately bounces without hesitation, it shows that demand was overwhelming at that level. These swift rejections highlight areas of clear imbalance, making ...

Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). The Ichimoku Kinko Hyo, or Ichimoku for short, is a technical indicator that is ...

Last week’s SPX low was the site of its 50-day moving average, as well as its early-May peak “While we are now on the lookout for increased volatility, let’s look at potential pullback zones for the S ...

$SPX is at Monday close last week, so more certain some of last week's decline attributed to delta-hedge selling. Short-term resistance in 5,100-5,150 area & support ...

Just in time for the July 21 expiration of options on Cboe Market Volatility Index futures (/VXc1), the volatility pop that we were expecting came to fruition. We mentioned expiration of options on ...

Support and Resistance are technical terms used to identify prices at which a security might be likely to attract additional buyers or sellers. Learn how investors can use the concept of support and ...