April 8, 2014

Bank of America testing support levels


  • Bank of america Weekly and daily chart testing crucial support levels.
  • ES Chart update
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ES Chart update


  • ES 4 hour chart shows price pausing at the support zone.
  • Bigger bounce will be possible only if price stays above 50 Hour SMA.

SPY Analysis after closing bell

  • SPY Daily chart testing crucial support zone and Moving averages like 50 and 100 Day SMA. For bulls of spy price should stay above this level to avoid a bigger fall.