- Crude oil four hour chart shows rising support lines.
- Four hour cloud and 23.6% Fib level also has to break for a bigger fall to follow.
- Silver hour testing 200 Hour SMA again.
- price also near the cloud in 4 Hour time frame and Crucial fib levels in daily chart.
- Daily chart is nearing the up trend line.
- Crucial support levels are the rising 20 day SMA, 23.6% Fib level and price support zone at 12870
- Like in nifty this fall is happening after Bearish engulfing and Negative divergence. A bigger fall will happen if the above mentioned supports are not held.
- ES Near crucial support levels.
- Weakness on trading below 100 Hour SMA and 1558 level as shown in the charts.
- Hourly cloud too is giving good support till now. This has to break on closing basis for a fall to happen.
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- Silver Hour pullback got resisted at 200 Hour SMA. This line will continue to act as resistance level.
- Hour cloud is crucial support level. Trading below this level on closing basis may lead to another correction.towards the lows.