February 20, 2016

ES weekend update


  • ES Daily chart shows a resistance line and 50 Day SMA stopping bulls from moving up. Bulls need a daily close above these levels for a bigger up move to happen.
  • Immediate support at hourly cloud. Further weakness if price stays below Hourly cloud.
  • GOLD WEEKEND UPDATE
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2 comments:

  1. AkhilFebruary 21, 2016 at 10:40 AM

    Hi San

    Is ur medium term outlook aligned with Tony's bearish view

    Tks

    ReplyDelete
    Replies
    1. SanFebruary 21, 2016 at 9:38 PM

      Month is Doing a Bearish pattern. Breakdown Yet happen. Bearish only below 1800 levels.

      Delete

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