- ES bulls must hold above 50 period SMA and rising support line to avoid a correction towards the range support zone.
- Bears need price to stay below 50 Period SMA.
- Staying above these levels a breakout above 2072 levels is possible.
- GOLD Month charts
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 21, 2016
S&P 500 Futures 4 Hour Technical Analysis
Nifty one hour and 15 Minutes chart update
- Nifty one hour near crucial support zone of 8057.
- If the above mentioned level does not hold then price will slip below 8000 levels again.
- 15 Minutes chart with cloud shows a trend. If price moves above the 15 Minutes cloud a reversal is possible from the Hourly support zone of 8057.
- NIFTY Bearish pattern and Support levels
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