March 17, 2015

ES Chart update

  • ES bears needs the first two resistance levels to be strong to avoid a bigger bounce.
  • But as price sits above 200 period SMA its not looking good for bears. Bears need price to fall back below 200 SMA to start correction
  • Bulls need to move above the levels shown in first two charts for bigger up moves to follow.
  • NFLX Chart Analysis

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