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The S&P500 Emini Futures double bottomed today at the Weekly Trading Zone 1333/1334. We talk daily about Fixed Support and Resistance versus Dynamic Support and Resistance and how learning to balance the two creates a trading environment that is conducive to low stress, high probability trading.
Not only did our Fixed Support (weekly trading zone) catch the bottom (twice today), CFRN Partners also nailed the high of the session at the 1342/1343 Fixed Resistance (weekly trading zone) which was also issued Monday morning before the markets opened.