- Crude bulls managed to hold on to the rising support line in daily time frame. Looks like another visit into the resistance zone at 66.60 is likely
- Month chart shows another test of 200 SMA. Price most likely to move away from this crucial moving average during this month. One has to wait and see if its going to breakout or get resisted at this moving average.
- Bullish consolidation continues to be valid. Weakness only if price falls below 2585 levels. Strength if price sustains above 4 hour cloud.
- ES 4 hour continues to stay below the cloud. But the range in 4 hour continues to be bullish. Now weakness till price stay above 2585 levels.
- 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.
- 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.
- 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
