Posted by skitexas67 on 22nd of Apr 2026 at 08:54 am
Hey Matt - Last night you noted that the spy chart had started a
resistance cycle. I also noted that on some of the MES charts a
resistance cycle was also initiated over the last couple of trading
sessions. Practically speaking what does that resistance cycle
mean? Also, what happens when the price action crosses it? What can
one expect or how can one expect to use those resistance cycles day
to day for trading?
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Matt - Resistance Cycle's on SPY and MES Charts
Posted by skitexas67 on 22nd of Apr 2026 at 08:54 am
Hey Matt - Last night you noted that the spy chart had started a resistance cycle. I also noted that on some of the MES charts a resistance cycle was also initiated over the last couple of trading sessions. Practically speaking what does that resistance cycle mean? Also, what happens when the price action crosses it? What can one expect or how can one expect to use those resistance cycles day to day for trading?