November 13, 2012

S&P 500 Futures Chart analysis

 

  • ES one hour chart is showing price contraction which should lead to a bigger move.
  • Any up move will be bigger only if price is able to cross the 200 Day SMA which is shown in the last chart.
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1 comment:

  1. Sandeep KoppulaNovember 13, 2012 at 9:33 PM

    Hi San,

    1) Look at Amazon chart. A perfect set up around 224-226 level. Trendline and Fib 38.2 level. I think results would are around the corner.
    2) BIDU is ready for a breakdown. Waiting for a close below 99 levels.

    Thanks,
    Sandeep

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