May 9, 2012

S&P 500 Futures Multiple time frame Analysis



  • ES Daily yet to break the 23.6% Fibonacci level.
  • Four hour chart shown with support and resistance lines which may give crucial moves.
  • Hour chart shown with Ichimoku cloud which is acting as resistance till now. Price if moves above the cloud will result in a decent bounce. 
  • Break below the support line may result in an extended fall with price breaking below 23.6% Fib level shown in daily chart.
  • S&P 500 ANALYSIS AFTER CLOSING BELL


No comments:

Post a Comment