The Month time frame is shown with Fibonacci levels. It shows a broad range between 38.2% and Golden ratio. So this is roughly between 74 - 77 to 103 - 112. Price right now is testing the bottom of this range.
Second chart is the weekly time frame with possible support levels.
Ichimoku cloud of Daily Time Frame will act as shield for Crude oil bears.
4 Hour time frame shows a bearish Descending triangle pattern. Mostly acts as a trend continuation pattern.
Crude oil bulls must hope for a Basing formation around 74 - 77 for a possible up move to happen.
ES Higher time frames are showing price at a crucial support resistance zone.
Hourly charts are showing a nice trending move favoring bulls, That may end if the daily TF Fails to make a bullish close above 50 Day SMA. First chart also shows price testing a crucial support resistance zone.
For the very short term price must stay above the Hourly cloud for bulls to extend this up move.
