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.