My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 23, 2015
S&P 500 Futures weekend update
ES Weekly chart shows price closing below 50 Week SMA and price also testing the weekly cloud after a long gap. Oversold conditions may lead to a bounce or sideways movement at the cloud.
Bigger worry for bulls if the weekly cloud or the current support does not hold.
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