ES Hour breakout

• ES Hour chart has given a breakout from a broadening formation.
• A right angled descending broadening pattern.
• According to the rules of the pattern we may get about 10 points in ES from the area of breakout for this pattern.
• But price has to close and sustain above 1284.25. Dipping below this level will be negative.
• BEARISH ENGULFING IN SILVER
  
  

SPY Support and resistance levels

• SPY 30 minutes chart with support and resistance levels.
• Resistance in this time frame is seen at 128.72
• Support is seen at 128 and 127.70
• There is an unfilled GAP between below 128.
• US DOLLAR AND EURUSD CHARTS
  
• SILVER BEARISH ENGULFING
  
  

S&P 500 Futures Before opening bell

• ES Hour chart is showing a band of support from 1172.50 to 1175.50
• This area acted as resistance before So a fall to this level may give a long opportunity.
• Price closing and sustaining below this level will favour bears.
• SILVER BEARISH ENGULFING
  
  

Nifty Daily Analysis

• The weekly chart on closing basis looks interesting as the line which acted as resistance previously may give support to the index. But a breakdown also looks possible which will be followed by good correction. 
• 5750 level in daily chart has been holding on closing basis, this level too is getting tested too many times. 
• US DOLLAR AND EURUSD CHARTS
  
• SILVER BEARISH ENGULFING