DislikedMarc, weekly and daily S/R levels are good for range trading under normal condition. 2/3 of the time market ranges and 1/3 it is in trend mode. I think with the fall in the stocks and gold /silver the condition of market is one way to the south , it means we will see impulsive moves which waves don't overlap and make use of W&D S/R level difficult, the best method for this condition is to sell pull backs in A/UIgnored
Funny thing is that at one point shorting A/U was a losing proposition... The tables have turned!
When this baby hits 88 miles per hour, you're gonna see some serious s***.