Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 12, 2011
ES Setup for a fast fall
ES Hour chart with 200 and 50 Hour moving averages.
50 Hour moving average is not able to move above 200 this resulted in a correction.
If 50 Hour moving average continue to stay below 200 then this will result in another fall soon.
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