January 22, 2018

ES 4 Hour chart update

  • ES 4 Hour breaking away from the ascending triangle contraction.
  • Pattern breakout suggests a possible move of about 30 points from the resistance zone. Price is almost reaching the target levels. Now weakness in this time frame only if price falls back below 2807 levels.

CRUDE Oil Chart Analysis

  • 4 Hour chart shows price finding support at the cloud.
  • Price may move towards 65 levels again as shown in last chart.