4min chapter

Investing With IBD cover image

Ep. 204: Brian Shannon: How To Tell If Buyers Or Sellers Are Winning

Investing With IBD

CHAPTER

The Importance of Support and Resistance in the Indexes

Last week's low is really important. We're holding above the anchored volume weighted average price from the all time high for the last two weeks. That tells me that that balance, you know, it's coming into balance with a supply was greater than demand. And maybe we hit a little speed bump here, but there's still opportunity for this market to provide upside and we're betting on the future.

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