March 9, 2016

 
  • ES 4 hour chart testing crucial rising support line
  • One hour chart too near 200 Hour SMA. If sustains above these levels bigger up moves are likely.

  • 4 Hour chart shows possible support levels. Daily chart shows a possible resistance line. Gold bulls need to sustain above the falling resistance line shown in chart 2


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore