Hey Traders,
Gold made a pretty big move yesterday, but intermediate term is still stuck in 30 pt range on the daily charts:
On break below will be watching rising 200dma, on break above retracement levels from highs.
Short term on hourly charts, it would need to get above resistance band, retracement zone and 50 & 200 hourly emas in mid 930s on hourly charts:
CHeers
Vlad
| ESU09.CME | 0.00 | |||||||
| ECU09.CME | 0.00 | |||||||
| US Dollar Index F | 82.32 | |||||||
| YMU09.CBT | 0.00 | |||||||
| NQU09.CME | 0.00 | |||||||
| GCZ09.CMX | 0.00 | |||||||
| CLQ09.NYM | 0.00 | |||||||
| CBOE Interest Rat | 1.76 | |||||||
| DAX | 6315.89 | |||||||
| FTSE 100 | 5350.05 | |||||||
| NIKKEI 225 | 8563.38 | |||||||
| HANG SENG INDEX | 18666.40 | |||||||
The goal of this blog is to provide frequent futures technical analysis utilizing basic formations, trendlines, Fibonacci retracements/extensions and Heiken-Ashi trend indicator over multiple time frames for ES and EC/6E emini futures.
I will also often provide play by play for futures trading action during the day and sometimes overnight providing you with technically significant levels in es and 6e futures.