Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 18, 2016
ES analysis before opening bell
First chart shows immediate support levels in one hour time frame.
Daily chart is shown with the crucial resistance line. Bears of ES hoping for price to stay below this line followed by a breakdown.
Bigger weakness in one hour time frame if price starts to trade below 200 Hour SMA.
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