June 22, 2012

ES Trend update


  • ES one hour chart shows price falling below 50 and 200 Hour SMA.
  • Four hour chart shows price trying to find support at the cloud. ES bears need price to break below the cloud.
  • Last chart shows the inverted head and shoulders pattern which is still valid. Bears need price to stay below the 200 period SMA.
  • BAC CHART ANALYSIS


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