For those that haven't tracked me for 2 years..... I hate Horizontal Resistance.... not because it's not valid because I'm a realist and I know that there are a ton of people who trade Horizontal Resistance.
But my reservation is that it shows Lack of Imagination... Horizontal Resistance is for people who think 2 Dimensionally. People who never took Trig. and don't realize that the third dimension is TIME!!! besides the Current price and Historic price... it's also about what price does OVER TIME!!
To use an analogy it's like those people in the 13th Century who thought the world was Flat... Relative to those that realized that some of the anomalies in Navigation could be accounted for by a "Round Earth".
But it doesn't mean the market won't bounce.... Or that I could be Wrong!
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