Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 21, 2015
ES Chart update
ES one hour and 4 Hour chart shows bulls hanging on to crucial support resistance zone. Bears need to close below this zone for bigger correction to follow.
Nifty support and resistance levels
Price is moving up steadily but its approaching crucial resistance zone 8505 - 8550. Immediate support zone is at 8332 level.
RSI is has not reached overbought zone and price too yet to shown bearish price action.
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