TWITTER Weekly chart analysis

• Twitter Moves above 50 Week SMA.
• Week candle if close near the High's will extend the bullish momentum towards the falling resistance line.
• But the stocks major trend will remain bearish till price stay below the falling resistance line.
• In the short term if week stays above 50 Week SMA then stock may target 28 levels.

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ES Chart update

 

• ES bulls managed to move above crucial resistance levels. Weakness only if price falls back below the levels mentioned. Staying above them Bulls may target 2180 levels again.

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CRUDE Oil resistance levels

• 46 - 47 Levels area is acting as resistance for crude bulls. 

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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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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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ES Resistance levels

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