- 4 Hour support line discussed earlier is violated. Bears need a close below the pattern. Daily time frame shows price near 50 Day SMA. Daily close below 50 SMA will strengthen bears further.
May 4, 2016
S&P 500 Futures analysis before opening bell
ES 4 Hour chart update
- 4 Hour chart shows price testing crucial support lines. Sustaining below these lines may lead to bigger correction.
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