September 19, 2011

ES Trend update

  • Price staying below 50 hour moving average will favor bears.
  • For bulls price need to breakout above the hourly cloud for a meaningful up move to happen. Moving above 1200 may give momentum for bulls. Below 1186 bears can extend this down move.
  • S&P 500 WEEKEND UPDATE
  • CRUDE OIL HITS THE SUPPORT LINE

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