ES resistance levels

• ES 4 Hour chart shows price nearing possible resistance lines. Price also approaching the 4 hour cloud. One hour chart shows price near 200 Hour SMA. For bulls of ES Price has to sustain above 200 Hour SMA.

US Dollar near Weekly support line

• US Dollar weekly chart shows price nearing the channel support line.
• Weekly chart is trying to take support at 200 Week SMA. 
• Price has fallen below 100 Week SMA. So a reversal can only be confirmed only when price closes back above 100 Week SMA.

ES Chart update

• ES Daily chart shows price at the rising support line. Daily time frame also shows price testing the cloud. These two levels must break for the bears to extend gains.
• 4 Hour chart shows price movement between 50  period SMA and 200 period SMA. Here the 200 period SMA is getting violated too many times which the 50 stays strong. If this continues we may see a bigger breakdown below 200 period SMA.
• ES Descending triangle breakdown

-->