need help understanding market depth

Quote from barmaleev:

In the attached image, is the ask price of 923.00 seen by the market as resistance and a price of 921.75 as support?
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There is no such thing as "resistance" and "support" in the market depth. There are just bids and offers at multiple levels. The rest is just a trader's interpretation. What looks like resistance to one trader is support to another trader.
 
Quote from barmaleev:

Pretty informative diagram Mr Black! However, what is a minority(supply) control? Fluctuations in the orders per price level?
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Minority is Limit (Supply) versus Majority Market(Demand) orders ....Limit's are in control of the Price...If Price is going Up Limit orders on Ask are in control ...If is going down Limit orders on Bid are in control...This is because Market orders will be filled at Any Price but Limit orders can be filled only on Limit or better Price:)
 
Quote from stinger:

what do you guys mean by print?
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FWIW Sir

The prints, Time and Sales, Tape - refer to the same thing


prints - print out on the time and sales

prints are the transaction (share size, price, - color coded according to a buy / sell - bid / ask) reflected on the T&S or Tape

Take Care
 
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