CRUDE Oil Triangle update

• One thing is for sure, Crude oil getting ready for explosive moves soon. Direction is likely to be tricky. First breakout outside the triangle is likely to be false one.
• For the short term more weakness if false below 57.50 Levels.

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ES Chart analysis

• ES 4 Hour shows immediate resistance at 20 SMA. Price need to get back above this moving average for new high's again.
• One hour too is below the Ichimoku cloud. Closing above the cloud may result in another new high's for ES.

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