September 23, 2016

CRUDE Oil resistance levels


  • 46 - 47 Levels area is acting as resistance for crude bulls. 
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September 22, 2016

GOLD Chart analysis

  • Week is moving towards the resistance line as shown in first chart. Price is moving up from the Middle Bollinger band. If the resistance line shown in first chart is broken a bigger up move is possible in Gold.
  • One can track the strength of this up move with 20 SMA in 4 hour time frame. If price stays above this a bigger up move is possible
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ES Analysis after closing bell

 
 
  • ES Bulls testing crucial support and resistance at 2156.
  • Up move could not stay above Golden ratio. But bulls has not fallen much from the resistance zone which may give them another chance to move above this level. Bigger risk bulls only if price falls below 2146 level.
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September 21, 2016

ES Support and resistance levels

  • ES 4 hour chart shows the immediate range between 2126 and 2146.
  • Crucial resistance number for bulls to cross is 2156
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September 20, 2016

ES Resistance levels

  • ES back to the resistance levels discussed yesterday.
  • Bulls will remain weak below Golden ratio or 2156 levels.

September 19, 2016

Gold Hour chart analysis

  • Gold near resistance line and 100 Hour SMA. last chart shows price contraction which may lead to bigger move soon.
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ES Analysis before opening bell


  • Immediate resistance level at 200 Hour SMA. Bulls may get some strength if stays above this line. 2156 and golden ratio will be tough to cross if gets tested.
  • GOLD WEEKEND UPDATE
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