December 1, 2011

S&P 500 Futures resistance lines

  • ES is getting resisted at the resistance line of four hour time frame.
  • For bulls price need to stay above this line for continuing the up move.
  • Daily resistance line is yet to be tested. Area between these two resistance line it seems will be tough to cross for bulls.
By at

2 comments:

  1. DKGDecember 1, 2011 at 4:15 PM

    Hi SAN,

    Can you confirm me Inverted H&S pattern in SBIN Hourly chart?

    ReplyDelete
  2. SanDecember 1, 2011 at 6:58 PM

    @DKG
    Price has already given a breakout above the IHNS pattern

    ReplyDelete

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