Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 9, 2011
ES Hour chart analysis
ES Hour chart hits 50 Hour moving average.
Last hit was faced with stiff resistance and price fell.
If price does not sustain above 50 Hour moving average again we will see a fall.
If price rises from here 1290 level will act as resistance.
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