Support and Resistance are the basis of most technical analysis chart patterns. You really do need to be able to recognize them if you're into trading based on what you see in the charts.
Areas of price congestion that create many well known chart formations are nothing more than levels of support or resistance. The cool thing about Support and Resistance is that with a bit of practice you can see it clearly on any type of chart, so there's no need to make a life-altering decision. The keyword here is practice.
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The Joss Report was first published as a traders' commodity newsletter in 2000. Since that time, our research has continued to evolve into an important source of technical insight for many commodity brokers and futures traders.
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