Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 2, 2012
S&P 500 Futures chart update
ES Hour chart shows a possible bullish flag pattern.
Price is testing the cloud. Breakout above the cloud may give a spike towards the shaded resistance zone.
Daily chart is shown with previous resistance level which is acting as stiff resistance.
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