ES Chart update

 

• ES 4 Hour chart shows price breaking resistance zone and testing recent high's
• Daily did violate 20 SMA But never closed below it. 

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ES Chart Analysis

 

• 4 Hour chart shows price reaching the resistance zone of the range.
• One hour chart shows a bullish channel in place. Bears need to break below the channel support line for weakness to set in.
• Previous bullish attempt failed. Bulls are getting ready for another attempt

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Gold resistance zone and Bullish price action

• 2nd chart shows a bullish ladder. Bears need to break it to avoid another upper breakout
• Ist chart shows the key resistance zone around 1370 - 77 levels. A bigger up move likely to happen if this level is taken out by gold bulls.

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S&P 500 Futures analysis after closing bell

• ES 4 Hour chart shows price unable to move above the cloud.
• Price also getting resisted at the Golden ratio.
• Last chart shows price moving back into the range. Both upper and lower violations failed to give a directional move.

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