S&P future (ES) charts (周+4 hr) update (07/12/13)
Weekly:
We got a fresh weekly bullish candle (from grey to green) and a bullish FVO signal. When FVO speaks people (I) listen! As you can see FVO has been very accurate in the past signaling trend changes. When it is green you need to be in the market. So it is official the pullback on the weekly chart is over! S&P future is starting a new bullish leg and we will see how long it will last.
4 hour:
No sign of weakness yet. Perhaps no pullback until it tests the previous high. Based on the weekly chart any pullbacks should be bought aggressively.
Have a good weekend!
The dark side of moon (Pink Floyd)