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CRUDE Oil chart analysis



  • Crude oil pausing at100 Day SMA
  • Getting resisted at the base of weekly Ichimoku cloud.
  • Unable to breakout above the daily cloud.
  • for a bigger up move price has to sustain above the cloud of these two time frames.


Posted by San at 9:54 PM 0 comments

APPLE Chart analysis

 
  • Apple daily chart nearing 78.6% Fibonacci level which was the recent swing high.
  • Crucial levels are 603 and 619.
  • Bulls are safe above 20 Day SMA. Last chart also shows 100 SMA acting as crucial support line.
  • ES CHART ANALYSIS



Posted by San at 6:34 PM 0 comments

S&P 500 Futures chart update


  • ES One hour falling towards channel support line and 100 Hour SMA.
  • Daily time frame is getting resisted near swing high of 1375.
  • Breaking below the channel and 100 Hour SMA may extend gains for bears of ES.



Posted by San at 6:03 PM 0 comments

NIFTY Chart Analysis


  • Nifty week shows price struggling to sustain above weekly Ichimoku cloud. Last attempt to sustain above it resulted in a fall as show in the first chart. Nifty bulls are making another attempt to sustain above the cloud. Crossing the swing high will favor the bulls.
  • Price is finding support at weekly middle bollinger band But the Month middle bollinger band continue to act as resistance. 



Posted by San at 8:13 AM 0 comments

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