December 1, 2016

ES Support and resistance levels

  • ES daily chart shows price moving towards previous resistance zone between 2186 - 2191.
  • 4 Hour chart has broken below 50 period SMA. A bounce is possible if the above mentioned resistance zone acts as support.
  • Swing High will be set for the short term in Daily time frame if 2186 - 2191 level gets broken.

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