April 12, 2011

ES Hits 50 day moving average

DAILY CHART
15 MINUTES CHART

  • ES Daily chart with 50 day moving average.
  • If Price does not Break 50 DMA soon we may see a bounce from this level.
  • Price in 15 Minutes chart is near its 50 Period moving average. If price sustains above 1314.50 a bounce is possible.
  • Staying below 1310 will favor bears.
  • SUPPORT LINE OF APPLE

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