Using Support and Resistance Lines After the First 1% Drop for U.S. Indexes in Four Months – VLOG 2

In this week’s vlog David Jones takes us through the events of last week that influenced the U.S. indexes Dow Jones and S&P 500, as well as the important economic announcements that will influence them and the EUR/USD pair in the coming five days. He also talks about support and resistance levels, how to set them and why they look simple but are actually one of the most reliable indicators that traders can use in their trading, regardless of their preference for Forex, stocks, gold, oil or indexes.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.