October 20, 2015



  • ES moving towards previous support zone which may act as resistance. Having said that a weekly close back above the cloud may renew confidence for bulls. Last chart shows price testing cloud top, If this level does not stop bulls then the major trend may resume.


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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