March 22, 2011

S&P 500 Before opening bell.

  • ES Hour has violated the Ascending channel in which price was moving up steadily.
  • Price is above 200 hour moving average which will favor bulls.
  • Today it has moved in a range so far from  1287 - 1296. Violation of this range may give good direction.
  • GOLD DAILY CHART ANALYSIS

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