December 5, 2017

ES Analysis after closing bell

  • ES one hour chart testing crucial moving average and Ichimoku cloud. 
  • Daily candle shows weakness. If hourly levels shown above breaks then Bears can extend weakness into higher time frame as well.
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December 4, 2017

CRUDE Oil support levels

  • 4 Hour and Daily shown with crucial support lines.
  • Price likely to test these lines. Bears must take it from there. Bears need a close below these lines for bigger correction to follow.
  • CRUDE Oil Weekend update
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Google Weekend Update (Alphabet)

  • Month Time frame has a perfect Bearish Pin Bar. Weekly has a bearish engulfing pattern. Now bears need price to fall into the previous Weekly range, That is below 1000 Levels.
  • Bulls will expect the Range top to act as support. Bulls need to stay above 1040 levels to negate the bearish view
  • CRUDE Oil Weekend update
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December 2, 2017

CRUDE Oil Weekend update

  • Crude oil weekly candle shows loss o momentum again for bulls But bearishness is yet to confirm.
  • Daily chart shows price above 20 Day SMA and the up trend line. These two must break soon or  a bigger breakout may happen. Since price is near weekly resistance zone a close below the support levels in daily time frame is crucial. 
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December 1, 2017

NIFTY Weekend update

  • Nifty month chart shows a Bearish November candle. December candle is following Novembers trend. 
  • Price is approaching crucial support levels in 20 Week SMA and Month lows. A weekly close below 20 Week SMA may extend this fall.
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November 29, 2017

CRUDE Oil support and resistance levels

  • Week time frame shows price reacting from resistance zone. Crude bears need to do more to confirm weakness in Weekly time frame.
  • Day is above 20 Day SMA. Daily close below This line may result in an extended correction. 
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November 28, 2017

ES One hour chart update

  • Price near crucial support zone. Possible short trade in hour TF if closes below the cloud. Bulls need to stay above the cloud and 100 SMA to avoid weakness in hour.
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