March 29, 2011

ES Hour chart analysis

  • Price in hour chart has gone below 50 hour moving average.
  • Slipping below 1302 may give a short entry.
  • Breaking above 1308 and 50 hour moving average will favor bulls.
  • 1296 and 200 hour moving average are the important support levels.
  • DOW JONES DAILY CHART ANALYSIS

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