ES Chart update

• ES 4 hour chart shows price testing resistance zone.
• Yesterday's support level of 50 Hour SMA continues to work well. Only an hourly close below this level can give a bigger fall.

SPY Analysis after closing bell

• SPY Daily chart shows price near resistance zone.
• Weekly chart shows the up trend still intact. The negative divergences has failed to perform as shown in last chart. Chances of an upper breakout is high again.

SILVER Support levels

FACEBOOK resistance levels update

• Facebook moving back to the resistance zone discussed earlier.
• Weakness at the resistance zone may give another selling opportunity.

ES Chart analysis

• ES charts near resistance levels
• One hour chart shows immediate support at 50 Hour SMA. Closing below this level may give a bigger fall.

CRUDE Oil testing support levels

• Crude oil testing crucial support levels.
• Sustaining below these levels bigger correction is possible.
• Must get back above 200 Day SMA on daily closing basis to avoid bigger falls.

NIFTY Chart analysis

• Nifty daily chart shows price bouncing from the support zone. Nifty bulls also had the lower bollinger band at this level.
• Immediate resistance at 20 day sma.
• Weekly chart shows the bearish candle leading price towards 5 Week Low EMA. Only a weekly close below this line will  extend weakness.

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