- ES Week does another neutral close. Another Doji candle suggests price likely to be Range bound for some weeks.
- Last chart shows price in a possible Flag. Price may remain slightly bearish But if continues to stay inside the Flag another upper breakout from the flag is possible.
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 18, 2017
S&P 500 Weekend update
CRUDE Oil chart analysis
- Crude oil 4 hour chart shows price moving back into the broken cloud.
- Bulls trying to avoid a bearish close for the week.
- Weekly chart shows price staying near the resistance line. Oil bulls must breakout here or face a weekly down swing.
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