Bank Nifty Support levels

• For BN the 100 SMA and the up trend line is crucial to hold. 

ES in a range

• ES Testing range resistance zone.
• 4 Hour chart shows immediate support and resistance levels.
• One hour falling below the cloud may lead to weakness.

ICICI Bank violating support levels

• The Bearish Pin Bar continues to work well. All crucial supports are getting violated.
• Next crucial levels are the Golden ratio and the previous resistance zone which may act as support.
• To protect the bull market they must stay above 200 SMA.
• BEARISH PIN BAR - BANK NIFTY

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Twitter Island Reversal and Resistance Lines

 

 

• Twitter daily shows an Island Reversal formation
• Weekly chart is breaking out of a Consolidation range. 
• Second chart shows a possible resistance line. If price does not loose momentum here 54 - 55 levels are possible for Twitter.

ES Testing Range resistance levels

 

• ES 4 Hour time frame shows price moving above resistance levels.
• 78.6% fib level is getting tested.
• ES Daily chart shows price continue to stay within the larger range.

CRUDE Oil Trend update

• Crude oil 4 Hour is looking good for Bulls.
• But Daily is nearing its crucial resistance zone. Daily cloud has acted as stiff resistance ever since price went below it at 103 levels. 
• Weekly chart is trying to form a bottom formation Current week candle must end near its highs for confirming a possible bottom formation.

S&P 500 Futures chart analysis

 

• ES 4 hour chart shows strong support zone
• Daily chart continues to hold above 200 Day SMA.
• Hour chart will gain momentum for bulls if price manages to stay above 200 Hour SMA.