- ES Four hour chart shows price approaching an important support line.
- If gets support around here we may see a rally in favor of bulls later in the day.
- Hour chart shows price getting support at 78.6% Fib level during last fall. This area will be important for bulls and bears today. If it fails to hold bears may succeed in push price towards 1296 level. If Price sustains above this level we may see an up move again.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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