January 19, 2011

ES below 50 hour moving average

CHART-II
  • ES has violated the support area mentioned below.
  • Sustaining below this level will strengthen the bears.
CHART-I
  • ES Breaks below 50 hour moving average.
  • Support zone is at 1282.25 - 1284.25
  • Hour trend will be in trouble only if price closes and sustains below 1282

No comments:

Post a Comment