July 8, 2013

ES Chart analysis

  • ES 4 Hour chart has moved above the crucial resistance line and above 78.6% Fib level.
  • Daily chart has violated 50 Day SMA.
  • Its not looking good for bears but only a closing value like a close above 50 Day SMA will turn the momentum in favor of bulls.
  • BANK OF AMERICA WEEKEND UPDATE
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