S&P 500 Trend update

• Bulls are struggling below the hour cloud.
• For a decent bounce to happen they have to sustain above the cloud. 
• If Price stays here then numbers like 1121 will get violated.
• 1145 and 1154 levels may act as resistance.
• CHANNEL OF PLATINUM
  

Channel of Platinum

• Four hour chart of platinum shows a beautiful up move of platinum in a channel.
• Price is moving towards the upper resistance line shown in weekly chart.
• This up move may target 1930 level were it may hit the weekly resistance.

Broadening pattern of SILVER

• Silver falling below 42.25 may favor bears of silver.
• Price is showing a spike above the broadening pattern. 
• If the spike does not sustain we may see an extended correction.
• For bears price need to stay below 42.25.
• CHANNEL OF PLATINUM

S&P 500 Futures Hour chart analysis

• For Bulls price should stay above 50 Hour moving average and 1132 levels for extending this bounce from 1111 levels.
• Upper end of the range is 1153 Lower end is 1111 levels.
• BEARISH ENGULFING OF AAPL
  
• S&P 500 WEEKEND UPDATE
  

Nifty intraday Update

• NIFTY 15 Minutes is showing a range of 5796 - 4893
• Good up move can happen if nifty stays above the gap. So price should stay above 4932 levels.

SUZLON Energy Analysis

• Suzlon energy is closer to 2009 lows.
• In 2009 stock reversed from these levels, Before reversal volumes were low. But stock is showing good selling volume right now.
• So we have to see if the stock is able to take support at the previous lows or not.
• Good reversal pattern with price sustaining above 5 day high ema may give good up move. Up move also has to take out 43.70 level which may act as resistance.
• Breaking and closing below 33.05 will extend profits for bears of suzlon.