Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 25, 2013
ES Chart update
ES one hour continues to move in a range.
4 Hour chart shows price movement between the Golden ratio and 78.6% Fib level.
As price is near 50 Hour SMA this range may get resolved soon. For a bigger move price must trade either above 78.6% Fib level or below Golden ratio shown in last chart.
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