November 10, 2010

S&P 500 futures before opening bell

CHART-II
  • Name is bear flag and it helped the bears.
  • 1200 of ES may be tough to break.
CHART-I
  • ES Hour chart has a flag pattern.
  • This one is a bear flag that can breakout on any side.
  • Important levels to watch out are 1212.75 on the upside and 1207 on the downside.
  • DOW JONES ANALYSIS AFTER CLOSING BELL

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