Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 7, 2012
ES Chart analysis
ES four hour chart trying to stay above the channel resistance line.
One hour chart above 50 Hour SMA.
Price sustaining above 50 Hour SMA will help bulls to extend this up move. Falling below 50 Hour SMA will result in a false breakout.
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