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It acted as resistance through out the pm session

been in a down trend all morning with lower highs and lower lows

besides its been resistance in the past I'm not sure

Because it's the mid point between 3213 and 3155 the most recent range

This is the range where most of the trades have taken place

at 10:17 we made a high of 3190.50 and at 10:38 we tested it again to 3190 so a lower high sop the lolr seems to be down again

Lower low at 10:20 and retest at 10:24. higher low at 10:33 so demand is in control for the short term

Because supply and demand are fairly equal at these levels

meant to say I took the moving average off! Sorry

It's always been a visual for me but I took it!

if you look at my chart of the hinge I took off the moving average

why would you assume that of course I want your input since I am in the early stages of my journal I appreciate any feedback I can get sometimes I'm not sure if I'm being scolded or you are just trying to get me to think by asking me questions!

hinge

looks like another hinge on the 1 minute

a lot of trades taking place in the 3188-3192 area

of course I can tell but what is the difference between using a moving average as a moving trend line or just using a trend line?

we made a lower high now we will see if 3188.25 can hold

now we've made a lower low 3188.25 might get tested

price seems to be holding above the last swing low of 3191.5 so demand is winning out seems to be important what prices couldn't do for the time being and that's to make a lower low

To me trend line means which way the market is moving at the time, not so much where the market stops a retracement and resumes the trend