- Google month chart shows a Big rising wedge pattern with False upper breakouts. If This month candle closes at the current levels or lower It could take price towards the support line of the pattern.
- Daily has closed below 50 Day SMA. If price stays below this line it could lead to 200 Day SMA.
- 4 Hour chart is testing the cloud. Closing below the cloud may increase bearishness further.
- Google bulls need to get back above 50 Day SMA to avoid further weakness.
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- ES Month chart continues to look good for Bears. If closes like this or lower could lead to a Pause or correction in the following months.
- Daily chart is testing 50 Day SMA. Closing below this line can lead to further weakness.
- Immediate resistance zone is shown in 4 hour chart. Bulls need to close above this zone for further up moves to follow.
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- Crude oil bulls trying to hold above 47 levels. Mild strength if price is able stay above 48.48 and 50 Period SMA shown in 4 hour time frame. Unable to stay above this moving average may lead to a breakdown below 47 levels.
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- Gold one hour chart shows 100 Hour SMA as immediate support.
- 4 Hour chart shows crucial support resistance zone around 1243. Gold bears need to keep price below 1243 levels for bigger falls to follow.
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- Crude oil 4 hour chart shows price nearing recent swing low.
- If the swing low at 47 breaks then the weekly trend line may get tested. This should bring crude oil down to 46 levels approx. This zone must break for bigger bearish possibilities.
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- ES 4 Hour chart shows price violating support levels. The shooting start remains the Top for Now.
- Daily chart is approaching 50 Day SMA. Bigger bearishness if price closes below this line.
- Month chart shows March month candle developing bearishness. But bears need to close the month like this to confirm bearishness.
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- Crude oil price contraction in a triangle. Price staying below the cloud may favour crude bears.
- Immediate support and resistance levels shown in last chart. Violating these levels on closing basis may lead to bigger moves.
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