CRUDE Oil Support and Resistance levels

• Crude oil Daily chart shows support at 85.40 and 84.05
• 50 and 200 Day SMA continues to act as resistance levels along with Daily Ichimoki cloud.

COPPER Trend update

 

 

• COPPER Shorter time frames are trending up.
• Daily time frame has broken above a resistance line. 
• Sustaining above the daily resistance line should take copper towards the resistance line of the weekly triangle shown in last chart.
• SPY WEEKEND UPDATE

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ES Chart analysis

 

• ES 4 Hour chart with rising support levels shows a possible ascending triangle pattern.
• Weakness on price falling below 50 Day SMA.
• Strength on sustaining above the Golden ratio shown in last chart.
• IWM WEEKEND UPDATE
• QQQ WEEKEND UPDATE
• SPY WEEKEND UPDATE

CNX IT Chart analysis

 

 

• Last chart shows a failed breakout from the weekly triangle pattern which is not good for bulls. If price breaks the the support level of 5959 we could see bigger falls in CNX IT.
• TCS CHART ANALYSIS

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