April 7, 2014

  • ES 4 hour chart shows price in a trading range. Price moving towards the support zone of the range.
  • For the day crucial support is near the 78.6% Fib level shown in 4 hour time frame.
  • Immediate resistance at 15 Minutes cloud. Staying above this zone may give a bounce.


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore