Friday, 17 April 2015

A sniff of panic? Perhaps time for a meaningful retracement? Equity futures and oil..ES,YM,Dax,SMI,NQ etc

 Mini Dow

 ES long term PF/ML and RL's

ES: The band of long term downsloping reaction lines can be seen in red (some highlighted) as price osscilates around this band of organic support and resistance

Another long term study using weekly/monthly PF's and RL.

 Crude Oil...Touchdown!!

 Simple ES study with ML +RL's
 Swiss mega fork- Price touches the CL
All reaction lines are drawn using custom indicator(free source code).

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