Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 21, 2014
ES Chart update
ES 4 hour chart shows price at the resistance zone.
ES took support at 200 Hour SMA and is back above 50 Hour SMA as well. Weakness if price starts to trade below 50 Hour SMA again.
No breakout here means price may remain in a range for sometime before a bigger move can happen.
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