Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 28, 2011
ES Hour chart update
Negative divergence finally gives a meaningful correction for bears.
Price sustaining below 50 Hour SMA will extend this correction.
100 Hour SMA may act as next support level. We may see a bounce from this level.
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment