- ES 4 Hour chart shows price near range support zone.
- Price also testing 200 period SMA in Four hour time frame.
- Last chart shows bearish price action from the contraction pattern. This breakdown will extend gains only on breaking below the above mentioned support levels.
- EURUSD FALLING WEDGE BREAKOUT
January 23, 2014
- Crude oil daily chart shows the price testing 100 Day SMA.
- 4 Hour chart shows price at the Golden ratio.
- Price if closes above these levels may do a complete reversal towards 100 levels. Weakness at the above mentioned levels may attract selling towards 93 levels again.
- ES ASCENDING TRIANGLE AND RANGE
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