{"product_id":"v16065speedr","title":"V.18:5 (60-65):Speed Resistance Lines by Jayanthi Gopalakrishnan","description":"Speed Resistance Lines\u003cbr\u003e\u003cbr\u003eby Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eNeed to determine support and resistance? Try this.\u003cbr\u003e\u003cbr\u003eIt is not unusual to come across situations in which you see a market trending and think it may be too late to get in. To check, you wait for a pullback to determine if that might be a good entry point. But is this pullback a correction or a trend reversal?\u003cbr\u003e\u003cbr\u003eDetermining whether a trend is going to continue or\nreverse is critical to a trader. Speed resistance lines, which were developed by technician Edson Gould, can help determine whether the market is correcting itself or a trend will reverse.These lines measure the speed of a trend by measuring the rate of ascent or descent. They are similar to Fibonacci fan lines, and you may have heard them also being referred to as one-third or two-thirds lines. Speed resistance lines are a hybrid of simple trendlines and Fibonacci retracement levels,\nand they are helpful in creating support and resistance levels.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134021726577,"sku":"\\V18\\C05\\044SPED.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_52765355-d386-4e82-85b3-d390d4db0c69.jpg?v=1739662748","url":"https:\/\/shop.traders.com\/products\/v16065speedr","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}