January 3, 2014

ES Chart Analysis


  • ES 4 Hour chart shows the Right angled broadening pattern. Price is falling back to wards the resistance level of this pattern which may act as support.
  • For now price is testing 23.6% Fib level and 50 Period SMA. Sustaining below these levels will extend the fall towards the resistance zone of the pattern which may act as support.
  • EURUSD Bearish Price ACtion
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