SILVER In a range

• Silver 4 hour chart shows price moving in a range.
• Daily chart shows the up moves getting resisted at the 23.6% Fib level. Last chart shows the falling resistance line from 25 levels. Up moves towards this resistance line may give shorting opportunities.

BANK Nifty Chart analysis

• Price sustaining below 50 Day SMA will favor bears of Bank Nifty.
• Weekly MACD shows bearish alignment and Needs a weekly close below 5 week low EMA. 
• Recent attempt to break above the weekly cloud has failed. For a bigger up move price must sustain above the cloud.
• Above Bearish View will weaken if price starts to trade above 50 Day SMA.

Crude Oil Trend update

• Crude oil Hourly chart shows the strong down trend for the commodity, Daily and weekly charts are also looking bearish But they are at a crucial support zone. Price is testing the crucial 200 Week SMA and a support zone in daily chart. If these two levels are not held a bigger breakdown is possible in crude oil.
• ES Resistance levels

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ES Resistance level

• Golden ratio and Previous support level is acting as resistance for ES.
• Price must sustain above golden ratio on closing basis to extend the up move in hour charts.