ES one hour update | Fibs and Ichimoku cloud

• One hour chart shows bulls struggling at the cloud Top and 100 Hour SMA
• Fib levels too shows price struggling at 50% retrace level.

NIFTY Chart update | Daily and Hour charts

• Bulls are pausing at previous resistance zone around 10600 - 10630 levels.
• Daily cloud is acting as resistance for now.
• Hour continue to look good for bulls. Hour trend must snap and a cloud break needed for bears to start getting excited. Till then bulls in control. 

ES Trend update | Bearish reaction from resistance line

• ES Daily is reacting from the triangle resistance line and Upper bollinger band.
• Next support in daily chart is the middle bollinger band near 2645
• Hour is starting to look oversold so bulls can expect an intraday bounce. Bears may take control towards the end of the day.

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.

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.