Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 5, 2016
ES support and resistance levels
ES one hour chart shows resistance at 38.2% Fib level and cloud. Bulls need to cross these two levels for a bigger bounce to happen.
Bears need to break below the support line shown in 4 hour chart for bigger breakdown to happen. For now price is within a range or channel in 4 hour chart.
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