My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 12, 2013
ES Chart analysis
ES Four hour chart shows price getting resisted at 100 Hour SMA and unable to cross above the 4 Hour cloud.
Price is also falling in a channel. Correction will continue if price stays within the channel. Bulls need a channel and cloud breakout for bigger up moves to happen.
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