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