November 8, 2010

S&P 500 futures before opening bell

  • ES 30 minutes in a triangle 
  • breakout from this triangle pattern will give good direction
  • above 1221 things may favour bulls for a continuation of the larger trend 
  • below 1216 will favour bears for a likely test of 1212 area and a bounce from there.
  • US DOLLAR Weekly charts

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