Unless we begin to see numerous distribution days over a short timeframe, we view any selling as an opportunity to purchase the strongest ETFs
near support levels....
By watching for trading
signals near the support and resistance boundaries of the trading range, traders have a high - probability entry scenario with obvious risk and reward placement.
Sadly, movements seeking justice for people of color don't
get near the support that this group has received.
By waiting for more price action to
unfold near support and resistance levels, you can avoid low - quality trades.
There are swing trading opportunities in this case too, with the trader taking a long
position near the support area and taking a short position near the resistance area.
When the reverse signal does then occur, take your trade when the price moves just above the
consolidation near your support, or just below consolidation near your resistance.
In a falling bear market, slowing momentum could suggest that the price is
near a support level and traders are looking to buy at a bargain, which could reverse the bear trend.
No hospital would have given
anywhere near the support I had from my team every step of the way and I'm confident they would have forced me into a c - section after pushing for a couple of hours with her head showing.
As such, we will be waiting for a pullback and price action signal
near support before getting long.
PowerShares QQQ Trust ($ QQQ), a very popular ETF that tracks the tech - heavy NASDAQ 100 Index, is
nearing support of its 50 - day MA, which converges with its prior swing lows (around $ 85).
Trending higher overall, and
trading near support following a pullback, these stocks are in the buy zone.
This has led to some kind of a consolidation over the last couple of days as the prices
range near the support region and the
Boucher was close to her home and she knew the challenging curriculum would go much easier if she
stayed near her support system of family and friends.
So much so that my stops are often less than 10 %, even 5 %, as I try to buy a
leader near a support... Read More
I think it's great that Microsoft have tried to get people together for the purpose of helping new people on Xbox Live but it hasn't had
anywhere near the support it should be getting.
The closest and most obvious support is down near 2698 area and we would prefer to see a decent pullback to
near that support before considering fresh long entries.
If the price breaks above a
consolidation near support or breaks below a consolidation near resistance, then you have your trade signal.
Since setting a swing high on March 19th, the ProShares UltraShort Lehman 20 + Bond Fund (TBT) has pulled back over the past two sessions and is
nearing support of its 10 - day MA.
The longer - term trend remains up in this market so we will continue to look for buy signals from or
near support.
The idea is to sell near resistance, and buy
near support.
On the downside,
the nearest support is seen at $ 7,000, while the move below $ 6,900 may increase selling pressure and push the price towards Monday's low at $ 6,766.
On the downside,
the nearest support is created by the short - term consolidation area at $ 116.00 and followed by $ 107.50 (50 % Fibo).
On the downside,
the nearest support is produced by $ 11,400 (above mentioned upside trendline) and $ 11,130 (100 - SMA on the hourly chart).
The nearest support sits at $ 160.00.
On the downside,
the nearest support for Bitcoin Cash is at $ 960 while the major support level is at $ 900.
On the downside,
the nearest support comes at $ 11,000.
On the downside,
the nearest support is seen on Monday's low $ 8,766, which is followed by $ 8,500.