March 5, 2018

ES One hour and 30 Minutes charts

  • first chart is the 60 Minutes time frame which shows levels for both bulls and bears.
  • 30 Minutes chart shows bulls trying to change direction. Price has to sustain above 30 minutes cloud for a bullish swing to happen.

NIFTY Chart update

  • Nifty daily chart shows price testing the support line of a bearish flag pattern. Even if price does manage a bounce from here its still in a bearish continuation pattern.
  • Crucial numbers in hour chart are 10324 for bears and 10376 for bulls.