Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 30, 2016
CRUDE Oil support and resistance levels
Crude oil 4 hour chart shows price falling from a resistance line
One hour chart shows immediate support at ichimoku cloud. More weakness only if price closes below hourly cloud.
ES Analysis before opening bell
ES continues to trend above 15 Minutes cloud.
Month chart shows candle with Long shadow which suggest a big reversal. But as this is the second Last day of the Month the reversal may not be enough. To turn the Month chart Bullish a Month close above 2100 levels is needed.
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