- ES Charts looking bearish as price has broken below the channel support line.
- ES Four hour chart is also testing the 200 period SMA. Sustaining below this level will strengthen bears further.
- One hour chart is unable to trade above the Ichimoku cloud. Only a cloud break at this time frame can give some hope for bulls of ES.
- SPX ANALYSIS AFTER CLOSING BELL
July 12, 2012
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