- Goldman Sachs Weekly charts shows price near important resistance levels. Daily chart shows a consolidation which may act as a continuation pattern which may favor bulls. Last chart shows the exact breakout or breakdown levels.
- S&P 500 WEEKLY BULLISH CROSSOVER
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 25, 2012
GOLDMAN Sachs Weekend update
Dell weakness at resistance line
- Dell has given a bearish weekly candle at resistance line.
- daily chart gaped down below 20 SMA. Friday's closing was a bearish candle below 20 SMA. Price sustaining below 20 SMA will result in another fall.
- S&P 500 WEEKLY BULLISH CROSSOVER
CISCO Weekend update
- CSCO Week with MACD negative divergence. Price also getting resisted at 50% Fib level and 200 Week SMA. As a confirmation price has to close below 20 Day SMA for confirming weakness.
- S&P 500 WEEKLY BULLISH CROSSOVER
S&P 500 - Bullish weekly crossover
- Month candle yet to confirm a breakout above previous resistance level.
- Daily chart shows the smooth up move above 20 SMA with no major weakness yet.
- Weekly chart has given a bullish moving average crossover(20 and 50 week). If the horizontal resistance level is taken out this will be the third successful Bullish cross over from 666 level.
- ES AT TOP BOLLINGER BAND
Subscribe to:
Posts (Atom)