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Re: YM, ES and DJIA Analysis
James,
I see those more as minor support/resistance. It looks like on the daily chart that price just kind of went back and forth around those levels. The levels I show on my chart are taken from the weekly chart. I think it is easier to see the SR levels on a higher time frame. But that doesnt mean to ignore the minor SR levels. Depending on how long you are looking to hold a position those minor levels could be very important.
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