area and immediately shot up to just under the 1647 res
area. A pullback to the 1642 res now support held
the market up for a few minutes before a dropp down
to the 1638 level. The market found its footing there
and took out the 1642 leve and then came back to
test it for a run up to the 1648 area of resistance.
The market then went sideways between the 1644 now
support and the 1648 area for the rest of the day.
The hold of the 1642 and then the 1644 areas provided
us with some good opportunities to get long and take
advantage of this move up into the 1648 area.
If you had the levels on your chart you can see
how the market breaks the resistance area and then will
test it as support. These key levels are where we
find the best opportunity to profit. You need the proper
entry and exit techniques to benefit and that is exactly
what I teach in my ebook and courses. Don't dely get
your copy and start understanding what trading is really
about.
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