/biz/ - Business & Finance

>>	Anonymous Fri Jul 17 00:44:20 2020 No.20433113 [View] File: 1.30 MB, 2000x1500, kancolle26.jpg [View same] [iqdb] [saucenao] [google] >>20433040 >bagholding piece of shit like rtx >bagholding >RTX >piece of shit >RTX

Anonymous Tue May 26 23:46:32 2020 No.19360528 [View]
File: 1.30 MB, 2000x1500, kancolle26.jpg [View same] [iqdb] [saucenao] [google]

>>19360367
Key S&P resistance broke yesterday. That will always make things lively for a week or two thereafter. There is another weaker one up at 3130-ish then clear sailing straight to ATH.

When I started trading, the idea that an index would have clear support and resistance levels made no sense to me. It's just an average (kinda) of a bunch of different companies, right? And yet, price gets sticky in these spots and volume is needed to move through them with authority in much the same way as support/resistance levels behave on individual stocks.

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/biz/ - Business & Finance

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