My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 21, 2015
S&P 500 Futures before opening bell
ES 4 hour chart shows price near support line. Bulls need price to stay above 50 Hour SMA for a decent bounce to happen from the current levels. Week is testing 100 Week SMA, Bulls need to stay above this line too to avoid bigger correction.