May 4, 2016

S&P 500 Futures analysis before opening bell

  • 4 Hour support line discussed earlier is violated. Bears need a close below the pattern. Daily time frame shows price near 50 Day SMA. Daily close below 50 SMA will strengthen bears further.


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1 comment:

  1. ChipMay 5, 2016 at 8:31 AM

    Great post!

    Have a look at the longer term chart of gold here => http://www.bit.ly/1TK77rs

    That is an amazing chart, and historical. It means BIG THINGS ARE COMING for
    currency and the ECONOMY. WOW!

    ReplyDelete

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