December 15, 2014

ES Trend update

 
  • ES Daily moving towards 200 SMA
  • Price is trending down below the cloud in 4 Hour time frame. Bears need price to close below 200 SMA for a bigger falls to happen.
  • Bulls need a reversal pattern near 200 SMA.



1 comment:

  1. RUPEE:
    The Indian rupee continued to trade weak on the back of month-end dollar demand. The rupee was trading lower at Rs 63.60 compared to the previous close of Rs 63.52 to the US dollar.
    Nifty Tips

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