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.