April 25, 2013

ES Chart update

 
  • ES one hour continues to move in a range.
  • 4 Hour chart shows price movement between the Golden ratio and 78.6% Fib level.
  • As price is near 50 Hour SMA this range may get resolved soon. For a bigger move price must trade either above 78.6% Fib level or below Golden ratio shown in last chart.


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