- Gold 4 hour chart is testing another resistance zone at 1180.
- Weekly resistance is near 1200. This zone was previous support which may act as resistance now.
- Weakness if price falls back below 1170 levels. Bigger up move possible only if price is able to sustain above 1200 zone.
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- Crude oil is falling towards crucial support levels.
- Bigger weakness only if price falls below 52 and 200 period SMA.
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- Crude oil weekly chart shows previous resistance line acting as crucial support. As long as this line holds there is no threat of a bigger correction.
- 4 Hour chart is shown with immediate support and resistance numbers.
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- Nifty day is showing negative price action at 200 Day SMA. More weakness if price falls back below 50 Day SMA.
- 2118 and 2228 are crucial numbers for bears to close below to gain momentum.
- For bulls crucial numbers to gain lost momentum are 8274 and 8306. These are last month and current month High Numbers.
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- Netflix Month chart shows price violating another resistance zone.
- NFLX Bulls need price to close the Day and Week above 133.50 plus levels.
- 15 Minutes cloud is the immediate support for this bullish move. Below the cloud Weakness starts.
- ES Analysis before opening bell
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- Crude bulls testing the resistance level again. Last breakout above this level was a false one. Another close above this level lead to higher levels.
- Weakness only if price trades below the 4 hour cloud. 52.12 is the crucial support zone.
- ES Analysis before opening bell
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- ES resistance continues to be at 2270. Closing values above this zone will add strength for bulls.
- 50 period SMA at 2254 and Price support zone at 2250 are crucial to hold above. Price sustaining below 2250 may lead to bigger correction.
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