- Crude oil daily chart shows price pausing near 100 Day SMA.
- 4 Hour cloud is trying to give support.
- previous resistance level at 23.6% Fib level is acting as support.
April 2, 2014
CRUDE Oil support levels
ES Chart analysis
- ES 4 hour chart shows price trading near resistance zone.
- If price starts to show weakness in smaller time frame then ES is likely to remain in the range shown in 4 Hour chart.
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