August 8, 2011

ES Descending Triangle Updated

CHART-III UPDATED
CHART-II UPDATED
  • Click the chart to read the description.
CHART-I
  • ES 15 Minutes is showing a descending Triangle pattern.
  • Price staying below 1161.50 will favor bears to extend the down move.
  • Breakout of the upper line should also stay above 1189 for a meaning full  up move to happen. 

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