Thursday, April 18, 2013

A look at charts

TF, in a clear downtrend. Needs a break above for anything bullish maybe?

A longer term look at ES, today's low is again key. Below it would be fugly!

ZB is in a massive uptrend, any bearish sentiment would need a break of this trendline.

For the near term, we have resistance above at 148 '14ish, and support below around 147 '21

For fun, lets look at a few stocks.

BAC looks fugly.

JPM at support

GS would find support around 127ish

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