Asian markets rejected their long term resistance hard and that too very sharply, it got KO'd to it's nearest support and are red today India down 1.81% Hang seng down 1.14% Nikkei down 0.87% _____________________ Europe markets rejected their resistance too yesterday and just like Asia has grabbed nearest support for help Dax down 1.51% CAC 40 down 1.71% FTSE down 0.24%Trade $SPY on T2BF right now. _____________________ Dow futures (26,116.0) +148.0 (+0.57%) ____________________ Global markets all together said "wait a minute" and started behaving like insta thot, they rejected the long term resistance, it feels like global market wanna go up but wanna act hard to get ____________________ Trade setup for $SPY today We were eye to eye with 320 yesterday but it got rejected so hard that we directly reached support of 314 Weekly ranges are, support at 307 and 310 and resistance at 314 and 320>>> Trade $TSLA on T2BF right now. 314 took so much efforts to break in the past 2 weeks when it was a resistance, this makes me believe that 314 will be a stronger support than we think Personal bias is that today we will trade between 312 - 320, hoping that 310 becomes a psychological support in intra-day. Today we are gonna keep a close eye on 314 and how the markets react at this level ____________________ Long-term : charts are showing sideways for a while now in long charts, seems like an accumulation period, we have built some strong support on our way here making it a good time to invest in SIP mode to benefit volitality ____________________ Random tip for the day : "the gain porn you see on WSB is like your Instagram feed, be practical and realistic in your trade goals" ____________________ Spy Pre-market (316.20) +1.36 (0.43%) Crude oil (39.76) -0.34 (-0.85%) ____________________Sign in to T2BF.