Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 12, 2015
Silver weekend update
Silver daily chart has strong resistance at Golden ratio and 200 Day sma.
For the very short term Bulls will be under pressure as its below 4 Hour cloud.
4 Hour cloud may continue to act as resistance.
CRUDE Oil weekend update
Crude oil daily chart holds above 100 SMA.
Price yet to move out of the daily range.
Hope for crude oil bulls in the 4 Hour chart. Rising support line must hold for a possible breakout to happen. Price falling below the support line may take price back to range bottom again.
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