January 29, 2016
January 28, 2016
January 27, 2016
January 26, 2016
January 25, 2016
- Crucial for bulls to hold above 200 Hour SMA. For bears they need to keep price below 4 Hour cloud to resume the fall.
- Daily line chart shows price yet to decide on the next big move. price moving around the support zone as shown in chart 2.
- APPLE SUPPORT AND RESISTANCE LEVELS
January 24, 2016
January 22, 2016
- ES Daily chart shows price moving around the crucial support resistance zone of 1860 - 1870. Bulls need price to sustain above this zone for a bigger bounce to happen.
- Hourly chart shows a possible bullish Ascending triangle pattern But price need to break and sustain above 200 Hour SMA for this pattern to work well. Unable to close above 200 Hour SMA will strengthen bears further.
- CRUDE OIL RESISTANCE LEVELS
January 21, 2016
January 20, 2016
January 19, 2016
- Apple Month chart shows price falling towards the rising support line. For the current month candle the line near 84 levels approximately.
- Weekly chart with Fib levels shows price at 50% retrace level. Close below this level may take price towards the golden ratio which is near the Monthly rising support line. So its crucial for Apple bulls to defend 50% Fib level.
- Hourly chart with Ichimoku cloud shows a trending move. Bears need to sustain below the cloud to extend gains.
- ES WEEKLY CHART ANALYSIS