ES Chart update

• ES testing daily ichimoku cloud. Unable to hold above this level may lead to more falls. This zone may also lead to an oversold bounce before fall resumes again.

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GOLD Bullish price action and resistance levels

• Gold violates the falling resistance line from 1430 levels.
• For gold bulls price need to close above 100 Day SMA to extend gains towards the 200 Day SMA. 200 SMA is near 1300 levels.
• ES Chart update

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ES Chart update

 

• ES Violates the crucial 200 Period SMA. 
• Bulls trying hard to defend the Range bottom and 38.2% Fib level. Price closing below these levels will extend gains for ES Bears.
• DOW JONES ANALYSIS AFTER CLOSING BELL

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DOW Jones Analysis after closing bell

• Dow Jones daily chart shows price testing 50 Day SMA.
• Second chart shows the previous resistance zone trying to act as support.
• The rising suport line from 14850 levels has been violated. Breaking the horizontal support zone on closing basis will extend gains for bears.
• ES Chart analysis

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