January 26, 2012

ES Trend update

  • ES Four hour chart shows weakness near the upper end of the channel.
  • short term top will only be possible if price falls below the support line in 2nd chart or the 50 Period moving average of four hour time frame.
  • Holding above these two levels will result in an  up move after a small fall or a sideways correction.
  • GOLD WEEKLY CHANNEL UPDATE

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