Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 4, 2016
ES support and resistance levels
ES 4 hour chart shows immediate support at the cloud. Break below the cloud may test recent lows.
Bulls need daily to stay above 50% retrace level. Bears need price to fall back below 1850 levels.
Bulls safe till they stay above 4 hour cloud. Weakness if price falls below the cloud.
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