January 10, 2011

S&P 500 Futures Before opening bell

  • Channel of ES in four hour chart has given a negative price action.
  • Bulls has to close above 1263.50 for continuing the up move again.
  • If price continue to trade below 1260 ES will start to drift lower.
  • Immediate Support levels are 1257 and 1255.50
  • BIDU BREAK ABOVE 50 DAY MOVING AVERAGE

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