Quiz on ” Futures – Support, Resistance and Trends “

1. What is support in trading?

A) A price level from which the price bounces down

B) A price level on a chart where assets stop falling in value and start climbing again

C) A series of lower lows and lower highs

2. What is resistance in trading?

A) A price level on a chart where assets stop falling in value and start climbing again

B) A price level from which the price bounces down

C) A series of higher highs and higher lows

3. Which trend is most often used by traders to confirm the overall direction of the market?

A) Major or long-term trend

B) Intermediate trend

C) Near-term trend

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