$AKE lost the 0.003 level, 100 days since it last reached here.
Let’s talk about what lies behind this number.
One pattern is that resistance levels that are decisively broken often later become support, while support levels that are decisively breached often later become resistance.
When prices swing back and forth near a key level, both bulls and bears can easily get shaken out. Until the direction becomes clear, staying on the sidelines may be the safer choice.
All indicators describe past market activity, and the market could move in the opposite direction at any time.
#AKE
Let’s talk about what lies behind this number.
One pattern is that resistance levels that are decisively broken often later become support, while support levels that are decisively breached often later become resistance.
When prices swing back and forth near a key level, both bulls and bears can easily get shaken out. Until the direction becomes clear, staying on the sidelines may be the safer choice.
All indicators describe past market activity, and the market could move in the opposite direction at any time.
#AKE