April 19, 2018

ES Charts before opening bell

  • ES Daily is pausing at upper bollinger band
  • Weakness in hour only if price falls below the cloud and crucial moving averages shown in chart 2 and 3.


Crude oil violates resistance line | CL Bulls strong above 66


  • Crude oil 4 hour has violated the resistance line. If price doesn't fall back quickly into the pattern this is good news for Crude oil bulls.
  • In daily time frame 66 remains crucial. Staying above this level crude bulls will keep moving higher.


April 18, 2018

CRUDE Oil resistance line and Daily support zone

  • 4 hour chart shows a possible resistance line.
  • For bears of CL Price should fall below 66 levels for better results.
  • Staying above the daily support zone will keep CL Bulls safe.


ES Charts before opening bell

  • ES daily approaching the falling resistance line.
  • One hour continues to be strong above trend line and Ichimoku cloud.
  • Weakness if happens near the falling resistance line may result in correction.


NIFTY Intraday update | Previous resistance and Cloud

  • 10600 - 10630 level is likely to be the next challenge for Bulls.
  • Previous resistance and Golden ratio may act as resistance.


April 17, 2018

NIFTY Chart update | Fib levels and Ichimoku cloud

  • Nifty daily back to ichimoku cloud
  • Price also nearing crucial Fib retrace levels.
  • Weakness likely to resume around the current levels or close to Golden ratio.

CRUDE oil chart analysis


  • Daily chart shows price staying above crucial resistance zone.
  • Price has to stay above 66 levels to avoid a false breakout situation which will be negative for bulls.
  • Month shows price violating 200 SMA. Bulls need a month close above this line to confirm bigger strength.