In this episode, Coach Matt teaches the basics of Support when reading technical charts. Support represents a key price level and the location that demand comes in to drive price back up. Traders use this level for a variety of important reasons. Listen in to learn more from Matt on support.
Before that, Tim and Matt discuss the current market conditions during our weekly skyline. Stocks have rebounded in the last week, and optimism is building for the bulls after a rough January. Listen in to hear the coaches thoughts on the fed, earnings season, price action and more.
Webinar Replay – Technical Analysis 101: The Basics of Support
Join us to learn more about a simple but powerful, concept in Technical Analysis known as Support. Support not only represents price level; but also represents supply and demand on a technical price chart. Traders use these levels for a variety of important reasons, and you should spend some time learning more about them to improve your understanding of these powerful concepts.
In this webinar you are going to learn:
✅ What is Support
✅ Demand as Support
✅ How Traders use Support
✅ Pivot Point Analysis in Support