July 7, 2014

  • ES 4 Hour and one hour charts with possible support levels

  • CNX IT Doing a fast rise to avoid a death cross in daily chart.
  • Price has moved above a crucial GAP area between 6600 and 6700 levels. Price is also staying above the Golden ratio.
  • Next resistance is at the Crucial round number 10000. More up moves if 10000 - 10150 level is crossed. 


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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