- ES Hour chart continue to diverge positively without any meaningful gains for bulls. Smaller up moves are getting resisted.
- Trading above the Hourly cloud may give a bigger up move.
- Price is also getting resisted at 100 Hour SMA as shown in the last chart.
- IWM WEEKEND UPDATE
- S&P 500 WEEKEND UPDATE
- APPLE WEEKEND UPDATE
-->
- Nifty futures at resistance levels.
- Rounding bottom redrawn and is shown with possible resistance levels. resistance levels has to be crossed on closing basis for confirming a breakout.
- NF Has to close above 5745 - 5755 for bigger moves to happen.
- NIFTY INTRADAY CHART WITH AUTO REFRESH
-->
- First chart of nifty shows price movement inside the range. Bears need a close below 5635 levels, Targets on down side will be the GAP area or the rising up trend line as shown in the second chart.
- On weekly closing basis nifty bulls are trying to protect their position above the Golden ratio. If this is broken on weekly closing basis we could see a bigger correction towards 50% Fib level.
- NIFTY INTRADAY CHART WITH AUTO REFRESH
-->
