March 22, 2012

S&P 500 Futures Trend update

  • ES testing 200 Hour SMA. Sustaining below it will help bears to extend the fall. Getting support here may result in a bounce towards 100 Hour SMA or the cloud which will be acting as resistance.
  • Cloud in four hour time frame may act as support for short term.
  • SILVER TESTING SUPPORT LEVEL

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