Key prices to watch on a monthly basis: .. is the support it must not lose, and .. is the resistance it needs to break for an uptrend. Key prices to watch on a weekly basis: .. is the support it must not lose, and .. is the resistance it needs to clear. Direction becomes clear based on these levels and the closes. ... It can behave the way I marked with the arrow.
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Key prices to watch on a monthly basis: .. is the support it must not lose, and .. is the resistance it needs to break for an uptrend.
Key prices to watch on a weekly basis: .. is the support it must not lose, and .. is the resistance it needs to clear.
Direction becomes clear based on these levels and the closes. ... It can behave the way I marked with the arrow.