June 13, 2011

ES Analysis before opening bell

  • One hour chart is showing a bearish continuation pattern.
  • But four hour seems to be bouncing from the sloping line of a broadening pattern.
  • If the supporting trend line of the bearish flag shown in hour chart is held the bounce will gain strength.
  • On the contrary bearish flag breakdown may take ES to 1264 levels.
  • SPY WEEKEND UPDATE
  • AAPL WEEKEND UPDATE

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