- APPLE daily has closed below 100 and 50 day SMA.
- Price has also closed below middle bollinger band in daily time frame. Daily MACD is in sell mode in daily time frame.
- Hour chart is showing a bullish candle but need to trade above 200 Hour SMA for a bounce to happen.
- ES Support levels in 30 Minutes and one hour time frame.
- Yesterday/s Bounce from 50 Day SMA is taking reliance capital towards crucial resistance levels.
- Weekly chart shows overhead resistance at 50 and 100 Week SMA.
- Daily chart shows resistance line between 386 - 388 level.
- ES is trying to stay above the small range shown in 30 Minutes time frame from which it gave a breakout earlier.
- Range top has given support for now. Bears may break it if gets tested again.
- Trend line and Cloud are crucial support levels for this time frame.
