Just another classic example of what support is: Support happens at the point where a downtrend is expected to pause due to a concentration of demand
support can be horizontal just like it can be rising support (Ascending). This example show supports being respected during Covid lows, the 2022 Bear Market, the 2023 correction and now the 2025 correction.
This is why you never skip the basics.
support can be horizontal just like it can be rising support (Ascending). This example show supports being respected during Covid lows, the 2022 Bear Market, the 2023 correction and now the 2025 correction.
This is why you never skip the basics.
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