January 6, 2016

ES Chart analysis

 
 
  • ES Week testing 100 Week SMA, weekly close below 100 Week SMA may result in a bigger fall.
  • Daily chart shows price testing Crucial retrace levels like 50% and Golden ratio.
  • 4 Hour chart shows price trying to stay above the support line. Bears need price to falling below this line for a bigger correction to follow.

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