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Describe the chemical senses and how they differ from other sensory modalities.
Resistance Level
The resistance level in trading is a price point above which a security or market is unlikely to rise, often leading to a sell-off when approached.
Support Level
A price level below which a stock or market rarely falls, representing a point where buying interest overcomes selling pressure.
Confidence Level
A statistical measure that represents the degree of certainty (or confidence) that a parameter lies within a specified range of values.
Confidence Index
A statistical measure that shows the degree of optimism or pessimism in the economic outlook of market participants.
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