July 15, 2013

ES Trend update

  • Hourly up trend looks safe for now as it trades above 50 Hour SMA and the Hourly cloud. Weakness only on price trading below the hourly cloud.
  • ES Daily is testing a crucial resistance level. This area needs to be cleared soon to avoid a correction at this level.
  • DEATH CROSS OF ORACLE
  • GLD WEEKEND UPDATE
  • S&P 500 WEEKEND UPDATE
  • BOEING BEARISH VOLUME SPIKE
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