SPY, @ES OR $INX, Which do you find S&R most reliable?

Discussion in 'Technical Analysis' started by ess1096, Jun 16, 2010.

  1. ess1096


    Using daily and weekly charts for swing trades and position trades these charts will sometimes contradict one another. SPY might close below support for example while $INX closes above it on the same day/week. SPY is heavily traded but $INX is the Big Momma that traders always refer to when they talk S&R.
    So if you swing or position trade ES futures and you had to commit to one daily/weekly chart for support & resistance levels which chart do you prefer?
  2. ess1096