October 28, 2014

S&P 500 Futures chart analysis

 
 
  • ES Higher time frames are showing price at a crucial support resistance zone.
  • Hourly charts are showing a nice trending move favoring bulls, That may end if the daily TF Fails to make a bullish close above 50 Day SMA. First chart also shows price testing a crucial support resistance zone.
  • For the very short term price must stay above the Hourly cloud for bulls to extend this up move.
  • EURUSD Trend Update


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