Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these...
Whenever a market has a close on the day{bar} before a Rally that is less than the close 4 bars before, and the subsequent rally close is greater than all 11 highs before it that is a signal of a good breakout upward and a potential trend change to higher levels. You should employ your edge to buy the market at the best possible levels. Always use a...
New Upward resistance level comes in at 55,283.38
Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York. They are calculated by a proprietary formula and other variables which...