August 19, 2011

S&P 500 Futures Hour chart analysis


  • ES is trending down below 50 Hour moving average.
  • Breaking below 1117.50 level will give another correction.
  • Fib levels and 50 Hour moving average will act as resistance if ES starts to move up.
  • CRUDE OIL NEGATIVE DIVERGENCE TRADE
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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