Triangle of ES

CHART-II

• Triangle support line is violated. Breaking below 1141 will extend profits for bears.

CHART-I

• ES Hour chart is showing a Symmetrical triangle pattern.
• Price staying above 100 hour sma will favor bulls.
• Bears need price to fall below 100 hour SMA and the support line of the triangle.
• BROKEN TREND LINES OF AUDUSD
  
• GOLD SUPPORT AND RESISTANCE LEVELS
  
• S&P 500 ANALYSIS AFTER CLOSING BELL
  

GOLD Support and Resistance levels

• Hour chart of gold shows a range 
• 100 Hour SMA is acting as resistance.
• Price breaking above 100 hour SMA will take gold to the top of the range.
• Bigger up move possible if the range is violated on the up side.
• Unable to break above 100 Hour SMA will favor bears of gold.
• GOLD RESISTANCE LEVELS IN WEEKLY CHART
  

NIFTY Futures intraday update

CHART-II

CHART-I

• NF is still inside the range shown yesterday.
• Price testing the top of the range. Price sustaining above 4995 may lead to a bigger rally.
• Getting resisted here will result in a pull back.

S&P 500 Analysis after closing bell

• Last two attempts to stay above 20 day SMA has failed.
• Weekly chart is shown in important support level which is between 1100 - 1120.
• Price falling into this level may result in another bounce.
• For bears they need to break the support line shown in weekly chart.
• Monthly chart too shows Price taking support @ 50% Fibonacci level. So price is near a crucial support level right now.
• DESCENDING TRIANGLE OF ES
  

US Dollar Pauses near 200 Week SMA

• Up move in us dollar may continue only when a weekly candle closes above 200 Week moving average.