- Weekly candle has managed to close above 100 Week SMA with Volume increase.
- Price has also managed to close above the weekly cloud after a long gap.
- Next resistance level in weekly chart is at 10.1. This level must be crossed for extending the current up move towards 11 which is the next resistance area.
- SPY BULL FLAG AND BEARISH CANDLE
Bank of America Weekend update
DISCLAIMER
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.




0 comments:
Post a Comment