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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert New who wrote (77298)5/22/2001 10:03:42 AM
From: t2  Respond to of 99985
 
Robert, Actually I have not any type of analysis on the resistance levels. Not much of a TA user..except for wanting to know how those that trade with charts are thinking.

The point you made about psychological barrier makes sense.
2500 may become resistance even though I does not appear that way on charts.

For me the use of psychology is one of the most important factors to consider when taking up aggressive trading positions.