Speed Resistance Lines display two trend lines and the slope of each line defines a different rate of change.

Without the help of computerized programme, you should draw the Speed Resistance Lines in the following ways:

1. Draw a line from a major low to a major high OR from a major high to a major low (Note: draw from the left hand side to the right hand side);
2. Draw a vertical line on the day the major high occurred (up to the major low level) OR draw a vertical line on the day the major low occurred (up to the major high level); and divide this vertical line into thirds;
3. Draw lines from the major low to intersect the vertical line at the 1/3 and 2/3 levels OR draw lines from the major high to intersect the vertical line at the 1/3 and 2/3 levels.

The intuition behind the Speed Resistance Lines is that, when the price is falling, support should be found above the 2/3 line. When prices do fall below the 2/3 line, they should quickly drop to the 1/3 line where they should then again find support. On the contrary, when the price is rising, resistance should be found below the 1/3 line, when it successfully break through this level, the next resistance level should be below the 2/3 line.

With the help of our interactive drawing functions embedded in our Java Charting System, you can easily draw the above Charts in the following ways:

1. Click for an appropriate button (i.e. Speed Resistance Lines) shown on the bottom of the left hand side on our Charting System;
2. Left click your mouse to set for your starting point as indicated by the cursor (it may be a major high or a major low);
3. Release the left button when you find the other point on the screen (major low or major high);
4. A clear view of the Speed Resistance Lines will be shown and if you wish to clear such Fan Lines, just simply right click your mouse.