May 31, 2012

S&P 500 Futures support levels

  • ES Daily chart shows crucial support at 1287.50.
  • Price has fallen below 200 SMA. A daily close below this level will favor bearish trades.
  • Monthly candle looks bearish. Bears will be stronger if price starts to trade below 20 Month SMA.
  • AUDUSD CHART ANALYSIS


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