April 27, 2018

CRUDE Oil chart update | support zone and 200 SMA

  • Crude oil bulls will remain strong above 66 Levels. More important Bulls will remain strong above 200 SMA (Month).
  • April month candle trying to close above 200 SMA. If successful it will be a crucial event for short term crude oil prices.

April 26, 2018

ES Analysis after closing bell | One hour resistance areas

  • Price testing one hour cloud.
  • One hour also shows price nearing 100 Hour SMA and Golden ratio which may act as resistance levels for bulls.


ES Daily one hour and 30 Minutes charts

  • Daily chart shows the down swing. Possible targets or support levels are 2590 and 2550 levels.
  • One hour stands below the cloud. Bears safe till price stay below hour cloud.
  • 30 Minutes chart shows resistance level for the day. Bulls need to stay above 2639 levels for a possible bounce.


April 24, 2018

ES one hour update | Fibs and Ichimoku cloud

  • One hour chart shows bulls struggling at the cloud Top and 100 Hour SMA
  • Fib levels too shows price struggling at 50% retrace level.


April 23, 2018

NIFTY Chart update | Daily and Hour charts

  • Bulls are pausing at previous resistance zone around 10600 - 10630 levels.
  • Daily cloud is acting as resistance for now.
  • Hour continue to look good for bulls. Hour trend must snap and a cloud break needed for bears to start getting excited. Till then bulls in control. 


April 20, 2018

ES Trend update | Bearish reaction from resistance line

  • ES Daily is reacting from the triangle resistance line and Upper bollinger band.
  • Next support in daily chart is the middle bollinger band near 2645
  • Hour is starting to look oversold so bulls can expect an intraday bounce. Bears may take control towards the end of the day.


April 19, 2018

ES Charts before opening bell

  • ES Daily is pausing at upper bollinger band
  • Weakness in hour only if price falls below the cloud and crucial moving averages shown in chart 2 and 3.


Crude oil violates resistance line | CL Bulls strong above 66


  • Crude oil 4 hour has violated the resistance line. If price doesn't fall back quickly into the pattern this is good news for Crude oil bulls.
  • In daily time frame 66 remains crucial. Staying above this level crude bulls will keep moving higher.


April 18, 2018

CRUDE Oil resistance line and Daily support zone

  • 4 hour chart shows a possible resistance line.
  • For bears of CL Price should fall below 66 levels for better results.
  • Staying above the daily support zone will keep CL Bulls safe.


ES Charts before opening bell

  • ES daily approaching the falling resistance line.
  • One hour continues to be strong above trend line and Ichimoku cloud.
  • Weakness if happens near the falling resistance line may result in correction.


NIFTY Intraday update | Previous resistance and Cloud

  • 10600 - 10630 level is likely to be the next challenge for Bulls.
  • Previous resistance and Golden ratio may act as resistance.


April 17, 2018

NIFTY Chart update | Fib levels and Ichimoku cloud

  • Nifty daily back to ichimoku cloud
  • Price also nearing crucial Fib retrace levels.
  • Weakness likely to resume around the current levels or close to Golden ratio.

CRUDE oil chart analysis


  • Daily chart shows price staying above crucial resistance zone.
  • Price has to stay above 66 levels to avoid a false breakout situation which will be negative for bulls.
  • Month shows price violating 200 SMA. Bulls need a month close above this line to confirm bigger strength.


April 16, 2018

APPLE chart analysis | Month MACD Update

  • Apple Month has a possible Top in place. This will be confirmed only if Month closes below 165 levels.
  • Weekly chart shows bulls struggling to stay above 174 levels. Another fall from the current levels may result in bigger correction.
  • For bulls price must get back and sustain above 174 levels to avoid weakness.


April 14, 2018

NIFTY Weekend update

  • Nifty Month and Week shows bulls fighting back.
  • Bears looking at a possible head and shoulders pattern. Right shoulder is almost done. Bears need correction to start from next week for the pattern to be perfect. 


April 13, 2018

ES Chart analysis after closing bell


  • Bulls tried to move out off the 4 hour contraction, But failed and back into the pattern again.
  • Daily continues to show stiff resistance around 2660 levels. Too many failures around here may result in another fall towards the lows.  


April 12, 2018

ES 4 Hour and Daily charts

  • ES 4 Hour chart shows a triangle contraction.
  • Daily chart has resistance near 2660 levels.


April 11, 2018

ES Chart analysis after closing bell

  • Bulls continue to hold above 200 SMA. For now the pattern looks advantage bulls.
  • Daily chart stands around 20 Day SMA. 
  • One hour too is nearing apex of contraction. Big move is likely to happen in one or two days.


April 10, 2018

CRUDE oil Bulls testing 200 SMA again

  • Crude bulls managed to hold on to the rising support line in daily time frame. Looks like another visit into the resistance zone at 66.60 is likely
  • Month chart shows another test of 200 SMA. Price most likely to move away from this crucial moving average during this month. One has to wait and see if its going to breakout or get resisted at this moving average.

ES Chart analysis before opening bell

  • Bullish consolidation continues to be valid. Weakness only if price falls below 2585 levels. Strength if price sustains above 4 hour cloud.