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.

1 comment:

  1. 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.