- Daily chart of apple has given a Hammer, Hammer does not look perfect But the volume for the day looks good. Bulls need more up moves to confirm this reversal pattern.
- Weekly chart shows Stochastic in oversold zone. For this setup to work in favor price must sustain above 522 levels.
- Finally the hour chart shows price continuing its stay below the cloud. Price must trade above the hourly cloud for a bigger reversal to happen.
- S&P 500 ANALYSIS AFTER CLOSE
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