Triangle of S&P 500 Futures

 

• First chart the 4 hour time frame shows price contraction in a triangle pattern.
• Daily chart shows Bulls trying to hold above 100 Day SMA. ES Bears need price to close below this line to extend the fall from 2190 levels.

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ES chart update

• Daily chart shows price trying to stay above 100 Day SMA.
• The round number of 2100 is crucial for bulls to defend. For the next big down move this level must go.

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Crude oil channel and support zone

• Crude oil one hour chart shows price moving down in a bearish channel. Price is heading towards the recent swing low of 43.01. This level has to be held to avoid a bigger fall in crude oil.

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ES resistance levels

 

 

• ES one hour charts with Immediate resistance levels.

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GOLD Channel and Range

• Last chart shows price in a broad range between 1300 -  1377 level. Within this range price is moving in a bearish channel. Immediate resistance at 50 Hour SMA. Sustaining above this line may result in a bounce.

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ES chart analysis

 

• Weekly chart shows price trying to hold on to previous resistance zone. For a bigger fall bears must break and stay below this level.
• Daily chart also shows 38.2% and previous resistance acting as support for now.

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Crude oil Triangles

• First chart of 4 hour time frame shows the larger contraction of crude oil in a triangle pattern. Second chart shows a smaller contraction within the larger one.

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