May 10, 2017

S&P 500 Analysis after closing bell

  • ES Daily chart testing the High's. Weakness only if price falls below 2375 levels. Closing below 20 Day SMA will also help ES bears with a correction. 
  • Bulls may continue the up run, in the same way the Double top possibility too exist. Bears may make a comeback below 2375, Bulls remain strong if price does not close below this level.
  • GOLD Trend update