Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 20, 2013
ES Chart analysis
ES one hour chart shows resistance at 50 Hour SMA and Hourly cloud.
Daily chart shows price below crucial support zone and 50 Day SMA.
For ES bulls price has to get back above 50 Day SMA for a stronger pullback to happen.
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