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We start the webinar by discussing a possible location that will stand out on the level 2. Very basic concept in trading is that when support is broken it becomes new resistance (the opposite is also true). Today we look at SQ on the 2 minute chart. We look for a location to build a trade plan and we see an important level previously that we will use to form a trade plan. Some people get stopped out by a few pennies. After quite a grind we see the chart does eventually move on to our target and continues to grind down for quite some time before ultimately stopping out everyone.