March 15, 2013

S&P 500 Futures Chart analysis

 
  • First chart of es shows price near the upper end of the channel. Having hit the resistance line a correction towards the channel support line may happen.
  • Second chart shows price with channel and cloud. bears need a cloud and channel breakdown for a bigger fall to happen.
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1 comment:

  1. How about that cloud over Washington D.C. This is a fools run up.

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