October 15, 2013

ES Support and Resistance levels

  • ES Four hour chart shows resistance at 78.6% fib level. Daily chart too is showing weakness at previous resistance area. These two levels has to be taken out on closing basis to extend the up move.
  • Supports are at 50 Hour SMA and the 61.8% fib level shown in four hour chart.
  • BANK Of America Chart update

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