- ES Week chart shows price moving out of the closing range. Week close adds more strength for bulls. More up moves should follow by staying above 2580 levels.
- Immediate support in 4 hour chart is at 2593. Weakness in short term charts if price falls below this level.
- One hour chart shows price moving in a bullish channel.
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- ES has a channel in one hour chart.
- Crucial support numbers shown in 4 hour time frame.
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- NIFTY Hour chart shows possible inverted head and shoulders pattern.
- Hourly cloud is crucial support area for bulls.
- Weekly structure is looking good for bulls. Last week candles long tail shows strong support. Weakness can be seen only if price falls below 10230 levels.
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- 2594 is the range support. Weakness for the day if price falls below that level
- 30 Minutes cloud is the immediate support zone. A Down swing will only start once price falls below the cloud in this short time frame.
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- APPLE Month chart shows price testing possible resistance line.
- Unable to close the month above this resistance line may result in a correction.
- Levels to trigger weakness in weekly time frame is shown in second chart.
- 4 Hour chart shows support at 200 Period SMA.
- Daily time frame with possible resistance at Upper bollinger band.
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- Gold daily trying to stay above 50 Day SMA. Last attempt to stay above this line was failed. Immediate resistance for Gold bulls are 1298 to 1308. If price sustains above this level bigger up move is possible.
- Gold week has an Ascending triangle pattern. Another fall towards the rising support line of the pattern is possible before the big up move can happen. Resistance level for the Ascending triangle is at 1365. If the support line of the weekly pattern works well then price should visit 1365 level soon.
