November 10, 2011

ES Hour chart analysis

  • ES is trying to reverse and price is approaching resistance levels.
  • Trend will change in favor of bulls only if they manage to trade above the hourly cloud.
  • Fib levels of 50 and 61.8% or the 50 Hour moving average may act as resistance levels.
  • SPX ANALYSIS AFTER CLOSING BELL

No comments:

Post a Comment