- Crude oil daily chart is above 100 SMA. For an attempt to break above the daily range price need to stay above 100 Day SMA.
- 4 Hour chart is above a trend line. Bears need to stay below this for a correction towards range bottom to happen.
April 10, 2015
CRUDE Oil chart update
ES update
- ES one hour has broken above the range resistance level.
- 4 Hour chart shows price moving towards range top.
- Larger time frames are likely to remain in range.
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