Sentences with phrase «technical support levels»

Although the main stock market indexes were flat yesterday, there were at least two ETFs we have been monitoring that pulled back to near - term technical support levels.

In other news the Euro edged lower breaking key technical support levels at 1.11 and opens this morning at 1.1071.

Raiders are out to make more money than they deployed raiding the stock in the first place (duh), and the best way of doing that is to push it through technical support levels under which stop loss orders lurk, to trigger a cascade of selling.

During stock market corrections, key technical support levels generally get «undercut» (quickly probe below the obvious support level, then rebound just a few days later).

The benchmark S&P 500 Index closed right at the edge of two key technical support levels yesterday, and a breakdown below that pivotal convergence of support levels in today's session could easily lead to a sharp move lower in the near - term.

In our daily live trading room (included with The Wagner Daily service), we have recently been explaining to subscribers how quickly key technical support levels can become useless when broad market conditions turn ugly.

The technical support level is the previous resistance level near 21,000.

We saw selling in the gold futures market in early October, causing gold to go through some technical support levels, down through $ 1,270.

Convergence of support areas makes those technical support levels stronger.

Bulls obviously disheartened in seeing the $ 10 down day, and with another two key technical support levels being breached.