Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 5, 2018
ES One hour and 30 Minutes charts
first chart is the 60 Minutes time frame which shows levels for both bulls and bears.
30 Minutes chart shows bulls trying to change direction. Price has to sustain above 30 minutes cloud for a bullish swing to happen.
NIFTY Chart update
Nifty daily chart shows price testing the support line of a bearish flag pattern. Even if price does manage a bounce from here its still in a bearish continuation pattern.
Crucial numbers in hour chart are 10324 for bears and 10376 for bulls.
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