S/R Levels - April 15th to 19th
Support / Resistance levels for the third week of April. 20+ securities included in this report: US indexes, All the Magnificent 7, Commodities, Futures, Silver, DAX, STOXX and more.
The S/R levels are intended to give you an edge on your trading.
These lines have been published during two weeks as an added value, and more traders show their attention since these lines are useful to set targets and potential reversals. They change every week and month.
The educational content of the last two weeks has been aimed at managing trades with Support and Resistance (S/R) lines, providing guidance and clear examples on the relevance of this technical factor.
You can access it in the section “Level Up Your Trading” in the site, or in the links below, the #3 is based in the levels and the #4 combine levels with other indicators:
As an example, see the 2 hours chart for GDX, and how price move among them:
Did GDX top? I will elaborate on that in the next newsletter, but see how price moved across the lines published in advance to the week.
The ones for the following week are below, the securities included are: SPX, NDX, DJI, SPY, QQQ, IWM, ES=F, NQ=F, NVDA, META, MSFT, AMZN, GOOG, AAPL, TSLA, GDX, SI_F, CL_F, DAX, STOXX, NIFTY.
If you trade one or more securities from the ones listed, open up your chart and draw the following lines.
Enjoy, and above all, manage risk: