How To USE ?!!!
1- Strong mid-term support and resistance levels. The market usually respects these points regardless of its direction.
2- Levels are calculated upon weekly timeframe.
3-If the market sells off into support levels. A rally up is likely.
4- If the market rallies into resistance levels. A selling opportunity is likely…
5-I highly recommend using divergences techniques, to find possible turning points during the week!
6- You can also use other trend reversal techniques such as chart pattern, candlesticks.