ES Descending Triangle Updated

CHART-III UPDATED

CHART-II UPDATED

• Click the chart to read the description.

CHART-I

• ES 15 Minutes is showing a descending Triangle pattern.
• Price staying below 1161.50 will favor bears to extend the down move.
• Breakout of the upper line should also stay above 1189 for a meaning full  up move to happen. 

AAPL Near 50 DMA

• AAPL is moving towards its 50 DMA.
• 362 is also an important support level.
• For bears price should close below 362 and 50 Day Moving Average.
• Getting support at these levels by not breaking 50 DMA will favor bulls of AAPL.

Descending Triangle of ES

• ES 15 Minutes is showing a descending Triangle pattern.
• Price staying below 1161.50 will favor bears to extend the down move.
• Breakout of the upper line should also stay above 1189 for a meaning full  up move to happen. Then there is the cloud in hour time frame which is the bigger resistance cross.
• Price has been staying below the hour cloud for a long time now without testing it.

          WEEKEND POSTS

• BEARISH ENGULFING OF BIDU
  
• NFLX WEEKEND UPDATE
• S&P 500 WAITING FOR THE DEATH CROSS

NIFTY 5 Minutes Chart

CHART-III

CHART - II

CHART - I

• Description given in chart. Please click the chart to enlarge.
• CRUDE OIL CHART UPDATED

SBI Analysis

• Conclusion : If price continue to Close below 5 Day Low Ema it is safe to hold shorts. But indicators are showing oversold readings, in that case If price close above 5 Day High Ema a long trade will be profitable.
• NIFTY WEEKEND UPDATE
  
• S&P 500 WAITING FOR THE DEATH CROSS