My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 1, 2013
ES Support and Resistance levels
ES 4 Hour chart shows price up move from 200 period SMA Which is a crucial support level. For bears this one has to break on closing basis for a bigger down move to happen.
Price right now is at a potential resistance zone with 38.2% Fib level and 100 period SMA.
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