Support and Resistance Gurus

Discussion in 'Technical Analysis' started by Darc, Sep 18, 2022.

  1. taowave

    taowave

    Has Seiden ever posted an audited track record??
    And I'm not talking about the 370 mil he/they took in enlightening the world on supply resistance
     
    #21     Sep 19, 2022
  2. easymon1

    easymon1


  3. Guilty! :)

    It was many years ago that I became what I am
    I was trapped in this life like an innocent lamb
    I could never show my face at noon
    And you'd only see me walking by the light of the Moon

    The brim of my hat hid the eye of a beast
    I had the face of a sinner but the hands of a priest

    It was then that I saw the lines of Support & Resistance
    Have never looked back ever since
     
    #23     Sep 19, 2022
    Darc likes this.

  4. God provides support and Resistance in LIFE.



    God loves us all, equally. Shocked that HE loves Russia? Don't be. Doubtful that HE loves Russia?

    Then try to explain this serendipity coterminous with HEAVEN for the magnificent Russian people by observing the long legged doji as the battle at God's support fired off a galvanizing charge of peace, tranquility and SUPPORT to the people of Russia as the whole world attacked them and mocked and mocked and passed judgement ..............

    The halt ocurred a precisely 61.8% aka Golden Ratio aka God's divine intervention

    Of course the Archangel, GAbriel threw his own magic by letting Russia subsequently rest peacefully onthe 200-month ema (green)



    upload_2022-9-19_9-16-48.png
     
    #24     Sep 19, 2022
    Darc likes this.
  5. The 200-pd ema is ther ultimate support/Resistance in Financial markets

    200-hour

    200-day

    200-week

    200-month



    When you get to ther 200-year ema you are now in a whole different realm, namely

    THE GALACTIC CONFEDERATION


    You will need to find a DATA seller who has access to biblical era data and then you will need data going back even further all the way to 75 million years of History to get the full picture of what happened here on EARTH


    Current data goes back only to 1720
     
    #25     Sep 19, 2022
    Darc likes this.
  6. taowave

    taowave

    I rest my case ^^^^^^^^^^^^
     
    #26     Sep 19, 2022
  7. %%
    Another way to look @ it;
    trends by definition include S&R, but not limited to them.
    I could see where some one @ first depends on some else's opinion @ first.
    The smaller % of short term traders would include that ; i dont really try to keep up with any guru.
    Hope this helps; it helps me.
     
    #27     Sep 19, 2022
    Darc likes this.
  8. For Darc .................... live action from today SPX .............. there ain't nothin like live action to demonstrate a point ....


    Support support support 23.6% Fibo level drawn weeks in advance. SPX delivers a bullish engulfing candle at monthly support. The one word that dequately describes SPX's vullish engulfing pattern? Bonus support for the thread title: RSI trendline support stood up nicely and did not confirm the crash in SPX Price.

    V E R V E



    [​IMG]
     
    #28     Sep 19, 2022
    Darc likes this.
  9.  
    #29     Sep 20, 2022
    Darc likes this.
  10. See quote first about the ultimate Support/resistance offered by the mighty 200-period ema. Then try to recall what happened to Fedex recently. The chump went into freefall. Nobody could stop the fall. Nada!

    But the cognoscenti knew there had to be a reprieve at the 200-month. There just had to. Even if it pierced the 200, the internal juice of the 200 would slingshot the underground penetration ....................


    behold what actually happened in real live action on Fedex ............. the 200-mo. ema in green



    [​IMG]
     
    #30     Sep 20, 2022
    Darc likes this.