April 8, 2013
- Ford weekly fib levels shows price taking support at 38.2% Fib level.
- Second chart also shows price hitting the support line from 8.82 level.
- Last chart is a bearish one which shows price closing below 20 Week SMA. Weekly MACD also shows a sell signal. Price sustaining below 20 Week SMA may lead to bigger down moves.
- IWM WEEKEND UPDATE
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.