March 23, 2012

S&P 500 Futures Chart Analysis

  • ES one hour chart shows the bearish cross with 50 and 100 Hour SMA.
  • Price is also getting resisted at 50 Hour SMA.
  • Four hour chart shows fibonacci levels and price getting support at 38.2% Fib level. Further down move will happen only if price violates 38.2% Fib level.
  • S&P 500 SUPPORT LEVELS
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