March 3, 2011

S&P 500 Before opening bell

  • ES Hour chart with fibonacci levels and 50 hour moving average.
  • Price has closed above 50 hour moving average and the Ichimoku cloud which is positive for the bulls.
  • If price breaks and sustains above the golden ratio(61.8%) we may see Es testing 1336 level again.
  • CRUDE OIL HITS THE GOLDEN RATIO

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