Trading Basics: Support and Resistance points

Hi guys, here is a basic indication that you guys might use(especially if you are new to trading)

And the indications are the Support and resistance points. This indication tells you if the market is going to go higher or lower. You guys can check my other posts that are more in specific in what is a resistance and support point. But if you are just looking for a brief example, you can take a look in the chart above(MMM). MMM