ES Support and Resistance levels

• Bulls getting support at 50 Day SMA
• 20 Day SMA is the immediate resistance line
• Crucial support and resistance numbers are 2330 and 2365. Need to resolve this range on closing basis for bigger moves to follow.
• ES MONTH With SPINNING TOP CANDLESTICK

-->

ES Month Candlestick Analysis

• ES Month has a spinning Top. This candlestick is important to note as it has come After a Big bullish Move.
• Bulls will remain strong above Feb Month High (2370), Below this level bears has hope, Strength for Bears Below March month low 2317. A Dow trend may start if stays below Feb Month Low 2264.

-->

NIFTY Chart analysis

• Nifty month Chart trying to make a Historic close. 
• 4 Hour chart with ichimoku cloud shows the trend in force. Trend will stay effective till price stay above the cloud.
• Weekly chart shows the 200 Point Range. Price testing the upper end of the Range.

-->

ES Resistance levels

• ES 4 Hour and Daily charts with possible resistance levels for the bounce.
• Only a Daily close above 20 Day SMA will strengthen bulls again.

-->

ES Chart analysis after closing bell

• ES Daily shows support at 50 Day SMA and 23.6% Fib level. Bears need to close below these levels to extend the correction.
• Resistance levels on the way up are the broken 20 Day SMA and Broken support zone near 2360.

-->

CRUDE Oil chart update

• Crude oil 4 Hour chart shows price testing the recent support zone at 47 level. Crude bears need this level to break on closing basis.
• Weekly chart too is pausing at the rising support line. Weakness here may lead to bigger correction, On the contrary this area can also act as a support zone for a big reversal.

-->

GOOGLE(Alphabet Inc) Chart Analysis

• Google month chart shows a Big rising wedge pattern with False upper breakouts. If This month candle closes at the current levels or lower It could take price towards the support line of the pattern.
• Daily has closed below 50 Day SMA. If price stays below this line it could lead to 200 Day SMA.
• 4 Hour chart is testing the cloud. Closing below the cloud may increase bearishness further.
• Google bulls need to get back above 50 Day SMA to avoid further weakness.

-->