February 16, 2011

ES Near resistance line

CHART-II
  • Support areas for ES is at 1327.75 and 1322.22
  • Resistance line mentioned below has given good correction. Break of 1327 level may push price down to 1322 area.
CHART-I
  • ES Four hour chart near its resistance line
  • Breaking above the line will continue the up move.
  • If price looses momentum we can see a correction.
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