September 15, 2016

ES chart update

  • Daily chart shows price trying to stay above 100 Day SMA.
  • The round number of 2100 is crucial for bulls to defend. For the next big down move this level must go.

Crude oil channel and support zone

  • Crude oil one hour chart shows price moving down in a bearish channel. Price is heading towards the recent swing low of 43.01. This level has to be held to avoid a bigger fall in crude oil.

ES resistance levels

  • ES one hour charts with Immediate resistance levels.