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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.310.0%Dec 26 4:00 PM EST

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To: Michael Watkins who wrote (42015)3/2/2000 11:31:00 AM
From: fut_trade  Read Replies (2) of 99985
 
I don't want to get into an argument about TA. Sometimes it works and sometimes it doesn't.

Sometimes support holds and sometimes it doesn't. Granted that everyone uses some kind of magic to pick entry points, but when the market becomes increasingly volatile, support and resistance is more frequently penetrated and broken. The markets are becoming increasingly volatile, that is my point.
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