Do support and resistance work on indices?

Discussion in 'Technical Analysis' started by Blitzjoker, Feb 20, 2021.

  1. Trading ETF's that duplicate the major indices (and futures contracts too) is very popular. Look at the chart as a graph rather than candles or bars and I think it will be easier to draw the trend lines. Nothing works every time, but it appears to work too frequently to be random.
     
    #21     Mar 2, 2021
  2.  
    #22     Mar 3, 2021
  3. fxcode

    fxcode

    Good question OP. I’m wondering that myself...hmm.
     
    #23     Jun 6, 2021