CRUDE Oil Update

• Daily chart shows another weak candle at 200 Day SMA. For now its not looking good for Crude oil bulls, But price is yet to violate 20 Day SMA.
• Close below 4 Hour cloud may confirm weakness for the up move.
• FACEBOOK Chart analysis: CLICK Here

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ES Ascending triangle

• ES bulls trying for new high's
• Bears seeing price near Multi week resistance zone.
• Ascending triangle mostly works in favour of bulls.
• FACEBOOK Chart analysis: CLICK Here

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Facebook Chart analysis

• Last chart shows the daily time frame with a possible Head and shoulders pattern taking shape. Right shoulders may form if there is an up move from the current levels.
• Right now price is trying to stay above 200 SMA, If successful stock will move towards 83 levels again.
• Break and close below 200 SMA will make it easy for bears of Facebook to take the stock towards 70 - 73 levels.
• SILVER Triangle pattern: CLICK Here

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Bank Nifty chart update

• Bank nifty daily in a squeeze between 50 and 200 Day SMA. Weekly chart shows 50 Week SMA stopping a bigger fall.
• The pattern shown in first chart looks Topish But it can work for bulls as well. 
• SILVER Triangle pattern: CLICK Here

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