April 20, 2018

ES Trend update | Bearish reaction from resistance line

  • ES Daily is reacting from the triangle resistance line and Upper bollinger band.
  • Next support in daily chart is the middle bollinger band near 2645
  • Hour is starting to look oversold so bulls can expect an intraday bounce. Bears may take control towards the end of the day.

April 19, 2018

ES Charts before opening bell

  • ES Daily is pausing at upper bollinger band
  • Weakness in hour only if price falls below the cloud and crucial moving averages shown in chart 2 and 3.

Crude oil violates resistance line | CL Bulls strong above 66

  • Crude oil 4 hour has violated the resistance line. If price doesn't fall back quickly into the pattern this is good news for Crude oil bulls.
  • In daily time frame 66 remains crucial. Staying above this level crude bulls will keep moving higher.

April 18, 2018

CRUDE Oil resistance line and Daily support zone

  • 4 hour chart shows a possible resistance line.
  • For bears of CL Price should fall below 66 levels for better results.
  • Staying above the daily support zone will keep CL Bulls safe.

ES Charts before opening bell

  • ES daily approaching the falling resistance line.
  • One hour continues to be strong above trend line and Ichimoku cloud.
  • Weakness if happens near the falling resistance line may result in correction.

NIFTY Intraday update | Previous resistance and Cloud

  • 10600 - 10630 level is likely to be the next challenge for Bulls.
  • Previous resistance and Golden ratio may act as resistance.

April 17, 2018

NIFTY Chart update | Fib levels and Ichimoku cloud

  • Nifty daily back to ichimoku cloud
  • Price also nearing crucial Fib retrace levels.
  • Weakness likely to resume around the current levels or close to Golden ratio.

CRUDE oil chart analysis

  • Daily chart shows price staying above crucial resistance zone.
  • Price has to stay above 66 levels to avoid a false breakout situation which will be negative for bulls.
  • Month shows price violating 200 SMA. Bulls need a month close above this line to confirm bigger strength.

April 16, 2018

APPLE chart analysis | Month MACD Update

  • Apple Month has a possible Top in place. This will be confirmed only if Month closes below 165 levels.
  • Weekly chart shows bulls struggling to stay above 174 levels. Another fall from the current levels may result in bigger correction.
  • For bulls price must get back and sustain above 174 levels to avoid weakness.

April 14, 2018

NIFTY Weekend update

  • Nifty Month and Week shows bulls fighting back.
  • Bears looking at a possible head and shoulders pattern. Right shoulder is almost done. Bears need correction to start from next week for the pattern to be perfect. 

April 13, 2018

ES Chart analysis after closing bell

  • Bulls tried to move out off the 4 hour contraction, But failed and back into the pattern again.
  • Daily continues to show stiff resistance around 2660 levels. Too many failures around here may result in another fall towards the lows.  

April 12, 2018

ES 4 Hour and Daily charts

  • ES 4 Hour chart shows a triangle contraction.
  • Daily chart has resistance near 2660 levels.

April 11, 2018

ES Chart analysis after closing bell

  • Bulls continue to hold above 200 SMA. For now the pattern looks advantage bulls.
  • Daily chart stands around 20 Day SMA. 
  • One hour too is nearing apex of contraction. Big move is likely to happen in one or two days.

April 10, 2018

CRUDE oil Bulls testing 200 SMA again

  • Crude bulls managed to hold on to the rising support line in daily time frame. Looks like another visit into the resistance zone at 66.60 is likely
  • Month chart shows another test of 200 SMA. Price most likely to move away from this crucial moving average during this month. One has to wait and see if its going to breakout or get resisted at this moving average.

ES Chart analysis before opening bell

  • Bullish consolidation continues to be valid. Weakness only if price falls below 2585 levels. Strength if price sustains above 4 hour cloud.

April 9, 2018

ES 4 Hour cloud and Range update

  • ES 4 hour continues to stay below the cloud. But the range in 4 hour continues to be bullish. Now weakness till price stay above 2585 levels.

April 8, 2018

CRUDE Oil weekend update

  • Crude oil Week shows a possible double top in the making
  • Daily chart shows potential support line, Which should be held to avoid bigger bearish possibilities.
  • Month chart shows price reacting from 200 SMA. 

April 7, 2018

NIFTY Weekend update

  • First chart looks bullish as price is getting support at 50 Week SMA. 
  • Price must stay above 4 hour cloud to extend this up move.
  • Month chart looks Bearish with the Bearish engulfing at the top. Price must stay above 10500 levels for bulls to start erasing weakness.

April 6, 2018

Nasdaq 100 4 hour charts

CRUDE Oil Channel and resistance level

  • First chart shows a possible bullish base building, But price need to break above 64.14 levels which was the previous support zone. This broken support zone may turn as resistance now.
  • Price is in a falling channel which is near the support line of a bigger channel. If the support line holds an upper breakout is possible.
  • TESLA Weekly charts

ES Chart Analysis after closing bell

  • Resistance zone discussed in one hour did hold for bears only for now.
  • Daily candle too is showing some weakness But the Twin bullish shadows at 200 SMA is likely to favour bulls in the short term.
  • TESLA Weekly and Daily charts