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S&P 500 Before opening bell

  • ES Hour chart is trying for a pull back, But price should remain above the band of 1309 - 1312 for a meaningful up move to happen.
  • Price falling below 1309 will favor bears.
  • Price is trying to break above the 50 hour moving average and the cloud. Real strength for bulls could emerge once price closes and sustain  above the cloud.
  • Price if falls below the cloud again will give a good trade for the bears.
  • Dow Jones Positive Divergence CLICK HERE
Posted by San at 7:17 PM

1 comments:

AAR VEE said...

Thanks Dear San,

Its Very Nice on your part to include 'The Third Eye' at your Blog List here.I am obliged.

Sincere Thanks and Regards.

Keep it up.

February 25, 2011 at 7:29 PM

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