August 24, 2011

S&P 500 Futures Hour chart analysis

  • ES is sustaining above 50 Hour moving average and the cloud.
  • Today's important numbers are 1160 and 1138.
  • Price falling below 1138 will favor bears.
  • 1160 levels may act as resistance. the levels are likely to be violated on the upside.
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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