Support vs Resistance

The Support & Resistance screener is divided into two tabs. The Support tab shows instruments approaching price levels where buyers have historically been active. The Resistance tab shows instruments approaching levels where sellers have historically been active. Both tabs help you find setups before they develop, rather than after.

---

Support Tab

Support is a price area where buying pressure has historically been strong enough to halt or reverse a decline. When price approaches support, buyers may re-enter the market, sellers may close short positions, and price may stabilize or bounce.

The Support tab is most useful for finding pullback entries, demand zone trades, and trend continuation setups in bullish markets. You can see it live in the daily Commodities support screener.

Support Columns

Level Hierarchy

S Lvl1 is the closest support level to current price. It represents recent market structure and is the first level likely to be tested.

S Lvl2 is an intermediate level representing a larger historical demand zone, typically more significant than Lvl1.

S Lvl3 is a major long-term support level where buyers have repeatedly entered over an extended period.

Trading Near Support

Support bounce: Price approaches S Lvl1 and shows early signs of bullish confirmation. A common workflow is to identify the level, wait for price action confirmation (e.g., a bullish candlestick pattern or momentum shift), then enter long with a stop below the level.

Pullback in a trend: When W% and D% are positive and price has pulled back toward support, the setup often represents a high-probability continuation trade. Look for buyers reasserting control at or near the level.

Demand zone trade: S Lvl2 and S Lvl3 frequently overlap with longer-term demand zones where prior strong rallies originated. Price revisiting these areas may attract institutional buying activity.

---

Resistance Tab

Resistance is a price area where selling pressure has historically been strong enough to halt or reverse an advance. When price approaches resistance, sellers may enter the market, buyers may take profits, and price may stall or reverse lower.

The Resistance tab is most useful for finding reversal setups, supply zone trades, and breakout monitoring opportunities, for example, the daily Metals resistance screener.

Resistance Columns

Level Hierarchy

R Lvl1 is the nearest resistance level: the first area price is likely to encounter overhead selling pressure.

R Lvl2 is an intermediate resistance level representing a more significant historical supply zone.

R Lvl3 is a major long-term resistance level where sellers have repeatedly controlled price over an extended period.

Trading Near Resistance

Resistance reversal: Price approaches R Lvl1 and begins losing momentum. Wait for bearish confirmation before entering short. Place a stop above the resistance level and target nearby support levels.

Supply zone trade: R Lvl2 and R Lvl3 often correspond to supply zones where prior sharp declines originated. Sellers previously overwhelmed buyers at these areas and may do so again on revisits.

Breakout monitoring: Not all resistance holds. When an instrument repeatedly tests a level while maintaining positive momentum, a breakout may be developing. Monitor such instruments and cross-reference with the Breakouts screener for confirmation.

---

Comparing the Two Tabs

Use the Support tab when your bias is bullish or you're looking for trend continuation entries. Use the Resistance tab when your bias is bearish, you're managing existing long positions, or you're monitoring levels that may break.