QQQ Weekend update

• QQQ Weekly chart shows MACD Buy signal.
• 2nd chart shows weekly consolidations which continues to give upper breakouts.
• Daily chart shows negative divergence which may give a correction in favor of bears.
• GOOGLE WEEKEND UPDATE

GOOGLE Weekend update

• GOOGLE Daily MACD is getting ready for a sell signal.
• Weekly Bollinger bands show price near upper bollinger band. Last two hits at weekly bollinger hand has worked well for google bears.
• Last chart shows an overbought weekly stochastic But price has not confirmed bearishness yet.

State Bank Of India Chart analysis

• SBI daily chart shows a high volume breakdown.
• Weekly triangle pattern too has breakdown in favor of bears.
• Next crucial support level is at 1802. Weekly stochastic continue to favor bears if 1802 does not hold then deeper correction can be seen.