Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 16, 2011
ES Descending Triangle formation
ES Four hour chart is forming a big Descending Triangle in four hour Time frame.
Right now price is near support level of 1325 - 1327.
If the support level is held ES may move towards the resistance line.
YAHOO FALLS TO THE SUPPORT LEVEL
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