December 21, 2011

ES Hour chart analysis

CHART-II
  • ES Bounces from 38.2% Fib level.
  • Bulls has to take price above 23.6% Fib or face another round of selling
CHART-I
  • ES is moving towards 38.2% Fib level. Getting support at that level may give an up move.
  • Breaking below 38.2% will lead to a retest of 200 Hour SMA.

3 comments:

  1. Hi San
    Plz post Gold & Silver Chart
    Thanks in advance

    ReplyDelete
  2. http://markethighsandlows.wordpress.com/2011/12/21/update/

    ReplyDelete
  3. San
    stock market top
    http://markethighsandlows.wordpress.com/2011/12/21/update/

    ReplyDelete