October 29, 2012

S&P 500 Futures Chart analysis

 
  • ES Hour chart continue to diverge positively without any meaningful gains for bulls. Smaller up moves are getting resisted.
  • Trading above the Hourly cloud may give a bigger up move.
  • Price is also getting resisted at 100 Hour SMA as shown in the last chart.
  • IWM WEEKEND UPDATE
  • S&P 500 WEEKEND UPDATE
  • APPLE WEEKEND UPDATE
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