SILVER Support levels

FACEBOOK resistance levels update

• Facebook moving back to the resistance zone discussed earlier.
• Weakness at the resistance zone may give another selling opportunity.

ES Chart analysis

• ES charts near resistance levels
• One hour chart shows immediate support at 50 Hour SMA. Closing below this level may give a bigger fall.

CRUDE Oil testing support levels

• Crude oil testing crucial support levels.
• Sustaining below these levels bigger correction is possible.
• Must get back above 200 Day SMA on daily closing basis to avoid bigger falls.

NIFTY Chart analysis

• Nifty daily chart shows price bouncing from the support zone. Nifty bulls also had the lower bollinger band at this level.
• Immediate resistance at 20 day sma.
• Weekly chart shows the bearish candle leading price towards 5 Week Low EMA. Only a weekly close below this line will  extend weakness.

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