SP500 Future (ES) Charts (02/19/14)

Note:

•  We did not get the volatility but we did get the expected weakness.  Once the run for new high stopped dead in the middle of the resistance 44-5, ES promptly retreated all the to 1823 support and is now trading near 28.  Pinky starts to flatten and momentum continues to diminishing on daily suggesting trading range market.
• The 3-hour suffered more damage and ES even printed a red candle.  The close is below the lower trading band and the thick blue.  Pinky went down and indicators turned bearish hinting further weakness ahead.
• S/R levels are the same as yesterday's.  Good luck! 

Daily


3-hour

[9368]

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[快乐的阳光]

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[我欲因之]

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[meshfree]

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