S&P 500 Futures Resistance levels

• ES Four hour chart with previous support and 200 period SMA as resistance levels. Bulls must cross these levels convincingly for a sustained up move to happen.

NIFTY Weekly Sell signals

• Nifty's daily bollinger band continue to contract.
• Up move may happen if nifty trades above 20 day sma (5257). Bulls will be weak below yesterday's low.
• Weekly chart is shown with 20 Week SMA. Weekly stochastic is turning down and if price starts to trade below 20 week SMA we may see a bigger down move. If 20 Week SMA is held we may see the opposite move as well so one should wait for the signal.
• NIFTY INTRADAY LIVE CHART

S&P 500 Analysis after closing bell

• This bounce may stop at the falling resistance line or the 50 period sma of Four hour chart.
• Price trading above the resistance levels mentioned should take SPX back towards 1392 levels.
• Last chart shows the crucial numbers in four hour time frame.
• SILVER DESCENDING TRIANGLE AND GOLDEN RATIO