The ES Futures during the Globex session has dipped below S1 and its 10-day moving average. What was once support is now resistance. So far, the market is staying above S2.
Once again, European debt concerns is weakening markets worldwide.
Charles
Monday, January 30, 2012
ES Futures Globex - Support Becomes Resistance 01/30/12
The ES Futures during the Globex session has dipped below S1 and its 10-day moving average. What was once support is now resistance. So far, the market is staying above S2.
Once again, European debt concerns is weakening markets worldwide.
Charles
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