- JPM Closed the day above 50 day SMA. Up move also showed good volumes for the day.
- But price is moving into stiff resistance levels.
- 50 Week SMA. 38.2% Fibonacci levels and daily swing high's may stop bulls from moving ahead.
- crossing 37.03 should target the GAP between 38 and 40.
- SPX WEEKEND UPDATE
Posted by San at 7:22 PM
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.