Support vs. Resistance in Trading with John Doherty

<p>This week, John Doherty of TopstepTrader is joining us on the Limit Up! Podcast for a panel discussion. John recently wrote an article for the Topstep blog called, “<a href="https://blog.topsteptrader.com/basics-of-support-resistance" rel="noopener noreferrer" target="_blank">The Basics of Support and Resistance</a>.” For today’s discussion, we’re diving into these two terms and both John and Dan walk us through how support and resistance affected recent trades.</p><p>Next, we’ll take a look at the current state of the market and make some forecasts on the month ahead. Listen in and check out John’s article for more.</p><ul><li>[00:30] - This week: John Doherty</li><li>[03:02] - Onboarding funded traders</li><li>[04:18] - Market reaction</li><li>[06:13] - Interview with John Doherty</li><li>[06:13] - John's trading background</li><li>[08:03] - Identifying support &amp; resistance levels</li><li>[17:00] - Point of control</li><li>[20:32] - Determining if a level is support or resistance</li><li>[25:30] - Looking at the months ahead</li><li>[38:30] - Fed predictions</li></ul><br/><p><a href="https://www.linkedin.com/in/johnmdohertychicago/" rel="noopener noreferrer" target="_blank">John Doherty</a> is a Chicago native and 15-year veteran of the trading industry. He spent his formative years on the floor of the Chicago Board of Trade before heading "upstairs" to tackle screen trading. John provides daily market commentary and trending news to the TopstepTrader blog and is a contributor to the Market Forecast morning broadcast.</p><p>Limit Up! is a podcast for traders of all levels brought to you by <a href="https://www.topsteptrader.com/" rel="noopener noreferrer" target="_blank">TopstepTrader</a>. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. <a href="https://www.topstep.com/risk-disclosure/" rel="n