To find the true structured support and resistance levels in a market, we use a contraction of price and a wash of that contraction. You can see these true levels on this 20 minute E-Mini S&P chart I posted for our members. In the video, I describe the steps to the process of a wash and rinse structure as a pivot component of a swing and how that can help us to read the true supply/demand levels.
Language of Markets will be observing Columbus Day Holiday. We will be off on Monday, October 13th. We will resume our LOM sessions on Friday, October 17th at 12:00 pm PDT. Have a great long weekend with family and friends.