Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 7, 2015
ES 4 Hour chart update
ES 4 4 Hour chart shows price moving out of the Descending triangle. For bears the direction of breakout is in the wrong direction
For this time frame price is testing a crucial resistance zone. Bigger up moves possible on closing above 200 period SMA.
Price continues to remain range bound.
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