CRUDE Oil chart update

 

• Crude oil trying to stay above 100 Day SMA.
• 4 Hour chart shows a possible bullish Inverted head and shoulders pattern taking shape.
• For a bigger up move price has to break above the drawn resistance line and 50 day sma

ES Chart update

• ES Daily chart Holding above the support lines of daily chart.
• Price up move started near 50 Day SMA.
• 4 Hour cloud acting as resistance for now. Bulls can extend the up move on closing above the cloud.
• APPLE WEEKEND UPDATE

-->

BANK Nifty chart analysis

• Bank nifty above 10 Day EMA and 5 Day Highe EMA. Daily MACD although looking weak is still in Buy Mode.
• Immediate range for a big trade is shown in the last chart.
• A bigger fall possible below the golden ratio or 11226 levels.
• Breakout above 11536 may start a move towards 78.6% Fib level.
• NIFTY WEEKEND UPDATE

-->

ES Chart update

• Possible breakdown below the support lines and 200 period SMA shown in the above charts.
• 4 Hour cloud will act as crucial resistance level
• BEARISH MONTHLY CANDLE OF APPLE

-->

INTEL Weekend update

• INTEL Weekly chart shows price near the channel support line, Price yet to hit the support line.
• Daily chart shows a MACD Buy signal.
• Fibonacci levels shows price closing below golden ratio. Trading below last week's low of 22.48 could extend the correction towards the channel support line shown in the first chart.
• BEARISH MONTHLY CANDLE OF APPLE

-->

Falling wedge of CATERPILLAR

• First chart of caterpillar shows price testing a crucial up trend line.
• 2nd chart shows weekly cloud acting as resistance and the support levels in weekly chart.
• Last chart shows a possible falling wedge pattern which will work well for bulls if 200 Week SMA acts as support.
• BEARISH MONTHLY CANDLE OF APPLE

-->

SILVER Weekend update

• SILVER Daily chart stuck in a range between 33.23 - 35.15
• Weekly chart shows price breakout above 100 Week SMA. Holding above this line should lead to a breakout above 38.2% Fib level towards 37 Plus levels in silver for the coming week.

-->