July 11, 2014

ES Chart analysis


  • ES 4 hour chart testing 200 period SMA
  • Daily chart is testing the up trend line.
  • Price need to get back above the cloud of four hour time frame to avoid a bigger fall.



July 9, 2014

CRUDE Oil Support levels


  • Crude oil testing crucial support levels.
  • Price staying below Hourly cloud will continue to favor crude oil bears.
  • Daily chart if holds above the support levels mentioned may result in a bounce.

NIFTY Chart analysis



  • Nifty Has been diverging negatively for sometime now. Price and RSI shows Negative divergence as shown in 3rd chart.
  • Follow up correction only if price starts to trade below 20 Day SMA.
  • Crucial support levels for the medium term are 7441 and the Rising 50 Day SMA. 

July 8, 2014

EURUSD Chart analysis

  • EURUSD 4 Hour chart holding above crucial support zone.
  • One hour chart must sustain above the hourly cloud for bigger up move to happen.

July 7, 2014

ES Chart update


  • ES 4 Hour and one hour charts with possible support levels



CNX IT Chart analysis



  • CNX IT Doing a fast rise to avoid a death cross in daily chart.
  • Price has moved above a crucial GAP area between 6600 and 6700 levels. Price is also staying above the Golden ratio.
  • Next resistance is at the Crucial round number 10000. More up moves if 10000 - 10150 level is crossed. 


July 4, 2014

S&P 500 Futures chart analysis

  • ES 30 Minutes cloud and Hourly up trend line as Immediate support levels.
  • 4 Hour chart shows crucial support levels. Bulls will remain strong above these levels.