December 13, 2011

ES Hour chart analysis

  • ES Four hour chart shows a bearish cross with 20 and 50 period SMA. If price stays below 20 period SMA bears will be stronger.
  • For bulls to negate this bearishness they have to break above both 20 and 50 Period SMA.
  • Price is also moving ave 200 period SMA. Staying above it will favor bulls. For bears price has to break below 200 SMA and yesterday's low to extend gains.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
  • CRUDE OIL ANALYSIS

By at

1 comment:

  1. sammyDecember 14, 2011 at 3:39 AM

    Mr San Man

    5 Waves up 3 Waves down

    http://markethighsandlows.wordpress.com/

    ReplyDelete

Subscribe to: Post Comments (Atom)