ES Update

• ES Hour chart shows immediate resistance levels.
• Daily chart shows Bulls trying to protect the crucial support level of 200 SMA.
• Price has to sustain above the Hourly resistance levels for this bounce to sustain.

ES Trend update

 

• ES Daily moving towards 200 SMA
• Price is trending down below the cloud in 4 Hour time frame. Bears need price to close below 200 SMA for a bigger falls to happen.
• Bulls need a reversal pattern near 200 SMA.

NIFTY Chart analysis

• chart 2 shows crucial support zone around 8150 - 8180 zone.
• Last chart shows price testing lower Bollinger band. Immediate resistance at 20 Day SMA.
• First chart of nifty shows the consistency of the rising resistance line, 

ES Chart analysis

 

• ES is trading below the 4 Hour cloud. 
• Price is moving towards previous resistance levels which may act as support. 
• For bigger correction the previous resistance zone must be broken. First test at these levels may result in a powerful up move.

APPLE Chart analysis

• 5 Minutes shows price in a range resolving this range may give bigger direction.
•  Hour chart shows price trying to hold above crucial support levels as shown in first and second chart. Apple bears need a Hourly close below 100 Hour SMA which is yet to happen.

S&P 500 Futures trend update

• ES 4 Hour chart shows price testing the cloud and 100 period SMA.
• Daily chart looks negative and if the fall continues it may test the 23.6% Fib level and previous resistance zone shown in 3rd chart.

CRUDE OIL falling towards golden ratio

• Golden ratio for Crude oil in monthly chart is seen  near 65 levels.