October 16, 2012

ES Selling zone

 
 
  • ES Moving up from the up trend line
  • Price also back above 20 and 50 Day SMA. Bulls need a close above these crucial moving averages to keep the up move intact.
  • Bigger resistance is near 1460 levels above which daily candles are unable to close. Bulls need a close above this selling zone for a bigger up move or a new high to happen.
  • APPLE OVERSOLD FORMS A HAMMER
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2 comments:

  1. nifty.senseOctober 16, 2012 at 7:20 PM

    HELLO SAN ....
    for charts on USD INR visit@http://niftysense.blogspot.in/

    ReplyDelete
  2. nifty.senseOctober 16, 2012 at 7:20 PM

    http://niftysense.blogspot.in/

    ReplyDelete

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