August 23, 2012

S&P 500 Futures Chart analysis

  • ES Daily shows price taking falling from resistance line is yet to fall below 20 day SMA. For bears need a breakdown below 20 SMA for a bigger fall.
  • 4 Hour chart shows price taking support near the resistance line and 4 Hour cloud. For a possible trend change there should be a cloud breakdown.
  • GOLD RESISTANCE LEVELS


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