Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 15, 2012
ES Chart update
ES Sideways move continues in a channel.
Four hour chart shows 50 period SMA about to hit price soon.
Up trend will be intact above 50 period SMA. Weakness on falling below it. For a breakdown price must fall below the cloud.
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