EBAY Weekend update

• EBAY daily chart shows price falling towards 200 Day SMA.
• Weekly chart has fallen below 20 Week SMA. Next support is at 49.2 level.
• Fibonacci levels shows price near 23.6% Fib level. Holding above this level may lead to a bounce. If 23.6% fib level and price support of 49.2 does not hold then a bigger correction may happen.
• GOOGLE WEEKEND UPDATE
• APPLE WEEKEND UPDATE

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GOOGLE Weekend update

 

• Dark cloud cover pattern in daily chart continue to work well for bears of Google.
• Price resting at 20 Day SMA. Falling below this level will extend the fall.
• Weekly chart shows negative divergence. A bigger fall can be seen if the divergence starts to take effect.
• APPLE WEEKEND UPDATE

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SPY Weekend update

• First chart shows a possible resistance line in weekly chart.
• Second chart shows daily chart with support zone at 155.13 levels. Trading below this level may extend the fall towards the GAP.
• Last chart shows the weekly time frame with strong indicator. Weekly stochastic yet to turn down.
• APPLE WEEKEND UPDATE

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