February 24, 2012

ES at top Bollinger band

CHART-II
  • ES top bollinger band discussed in the below chart has given a correction. this down move may find support near the middle bollinger band.
CHART-I
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  • ES four hour at top bollinger band. This setup has given good corrections in the recent past.
  • Price is also testing the recent high's so bulls need a successful breakout for another 10 to 15 points on the up side.
  • Failure breakout may lead to a pull back towards the black lines.
  • CRUDE OIL WEEKLY CHART

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