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A Trader’s Guide to Dynamic Support and Resistance With the Market Roadmap Line Every trader has their go-to tools, and for me, one of the most reliable is my Market Roadmap Line (MRM). It’s not magic, but it’s close. This line — based on the 144-day exponential moving average — is a powerful indicator for spotting support and resistance levels across different timeframes. It’s helped me navigate choppy markets, identify high-probability setups, and keep trades on the right side of the trend. So, what makes the MRM so special? Let’s break it down. The Basics: What Is the Market Roadmap Line? The MRM isn’t just a random moving average. It’s a dynamic tool that adapts to the market, helping identify critical inflection points. I use it across multiple time frames, from 15-minute to daily charts, depending on the context. For example, on shorter time frames, it can highlight immediate support or resistance, while on a daily chart, it provides a broader view of long-term trends. If you’re new to this concept, I’ve pinned a video to my channel homepage that explains everything — including the code for setting it up. There’s also an easy button to add it to your charts — it’s all in the video description. The MRM works across all time frames depending on how you want to trade, and the flexibility is why I love it. However, it’s important to know which time frame aligns with your trading goals. For quick trades, shorter charts like the 15- or 30-minute are ideal. For swing or longer-term positions, the daily chart provides better guidance. The MRM isn’t a crystal ball, but it’s a reliable guide for navigating market uncertainty. Whether you’re trading indices, commodities, or individual stocks, understanding support and resistance on multiple timeframes is key. And remember — like all tools, it works best when combined with sound risk management and a clear strategy. Want to dive deeper? Check out my channel for more details on the MRM and how it fits into my broader trading framework. As always, trade smart and keep an eye on the setups that matter most. And perhaps even more importantly, there’s a Daily Chart Setup based on the MRM in this newsletter darn near every day. Just scroll on down for the next opportunity! Get the full story… I’m also live at 9:15 a.m. ET weekdays for Morning Monster and at 5 p.m. Tuesdays for 30 Minutes of Awesome — bring your ticker and I’ll analyze it in real time! Visit me @JeffryTurnmireTrading on YouTube. Wall Street’s Selling While Retail Is Buying — Are You Watching? My take? Approach the market with caution over the next month or so. Your setup should be one that doesn't keep you stuck in the market for days on end — and I've got one just like that you should see here… We develop tools and strategies to the best of our ability, but no one can guarantee the future. There is always a risk of loss when trading past performance is not indicative of future results. From 7/10/24 - 2/20/26 the result was a 74% win rate with an average hold time of less than 24 hours on the underlying stock. This idea came directly from my Daily Chart Setup that automatically signals potential plays.
See the strategy behind these signals! This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! Jeffry Turnmire Jeffry Turnmire Trading I host my Morning Monster livestream at 9:15 a.m. ET weekdays on YouTube, and then 30 Minutes of Awesome at 5 p.m. ET each Tuesday! Visit me @JeffryTurnmireTrading on YouTube. You can also follow along and join the conversation for real-time analysis, trade ideas, market insights and more in my official Telegram channel! Important Note: No one from the ProsperityPub team or Jeffry Turnmire Trading will ever message you directly on Telegram. I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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