Some Clues For A Short Term Support Level

Some Clues For A Short Term Support Level


So far, so good…..

  1. Previous day support holds.

  2. Prices close above the previous days high.

  3. On the daily chart, the 30 RSI holds by end of day.

  4. A new trading range has developed over multiple days.

  5. The volatility expansion to the upside is greater than the volatility to the downside.

Some Clues For A Short Term Support Level