S&P 500 Weekend update

• S&P 500 Daily chart with fib fan shows price heading towards the next fib line.
• Daily chart also shows 200 Day SMA near 1390 levels.
• Weekly chart shows 50 Week SMA at 1384 and rising support line as possible support levels.
• DEATH CROSS OF DOWN JONES

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CISCO Weekend update

 

• CISCO Candlestick charts shows a potential reversal formation.
• Price has failed to stay above 200 Week SMA. Week closed below 200 Week SMA.
• Price has also fallen below 20 Day SMA. Price sustaining below 20 SMA will extend gains for CSCO Bears.
• DEATH CROSS OF DOWN JONES

Dow Jones Death cross

 

 

• Dow Jones daily chart is getting ready for a death cross.
• The weekly rising wedge is also looking good for bears. Weekly candle also closed below 50 Week SMA.
• Last chart shows levels which may act as support for the coming week. 
• APPLE CHART UPDATE

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