Stock market hits critical level
Given the recent volatility in the stock market, I thought it would be helpful to share with you a few charts and data points that can be useful in this type of market environment. When trying to forecast the direction of stocks and the overall stock market, traders and portfolio managers use different types of technical analysis. One of the more popular tactics is identifying a stock’s resistance and support levels. The stock market has ceilings (resistance) and floors (support), otherwise known as tops and bottoms. These support and resistance levels are important…Read more
