CRUDE Oil weekend update

• Crude oil Week shows a possible double top in the making
• Daily chart shows potential support line, Which should be held to avoid bigger bearish possibilities.
• Month chart shows price reacting from 200 SMA. 

NIFTY Weekend update

• First chart looks bullish as price is getting support at 50 Week SMA. 
• Price must stay above 4 hour cloud to extend this up move.
• Month chart looks Bearish with the Bearish engulfing at the top. Price must stay above 10500 levels for bulls to start erasing weakness.

Nasdaq 100 4 hour charts

• Possible bullish formation 
• But 4 hour cloud is acting as stiff resistance.
• Bulls need a cloud break for bigger up moves to follow.
• TESLA Bounces from weekly support levels

CRUDE Oil Channel and resistance level

• First chart shows a possible bullish base building, But price need to break above 64.14 levels which was the previous support zone. This broken support zone may turn as resistance now.
• Price is in a falling channel which is near the support line of a bigger channel. If the support line holds an upper breakout is possible.
• TESLA Weekly charts

ES Chart Analysis after closing bell

• Resistance zone discussed in one hour did hold for bears only for now.
• Daily candle too is showing some weakness But the Twin bullish shadows at 200 SMA is likely to favour bulls in the short term.
• TESLA Weekly and Daily charts

ES Chart analysis before opening bell

• Last chart one hour clearly shows price entering a zone of resistance.
• Bulls need  to stay above this zone for bigger up moves to follow.
• TESLA Bounces from support line

CRUDE Oil Channel | 4 Hour Head and shoulders pattern

• Daily chart shows strong reaction by crude bulls from the Bullish channel.
• But the head and shoulders pattern in 4 hour too looks good. Although the pattern has already hit its target Price may slide further if it stays below 64.15. If CL bulls take price above 64.15 that will negate all effects of bearish pattern in this time frame.
• Daily continues to look good for crude bulls.