- ES 30 Minutes chart shows price moving up above the trend line.
- 30 Minutes cloud too is giving support for bulls.
- Weakness on breaking these two levels.
- APPLE CHART ANALYSIS
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 11, 2013
ES 30 Minutes chart update
BLACKBERRY Triangle pattern
- Blackberry daily chart shows a triangle breakdown.
- But bears need to close below 100 Day SMA and 38.2% Fib level.
- Unable to break the above support levels and re-entering the pattern may result in an up move.
- APPLE CHART ANALYSIS
APPLE Resistance levels and Buy signal
- Apple nearing its 20 Day SMA. Price must close above 20 SMA to extend gains.
- Daily chart also has 50 Day SMA and Daily cloud as resistance levels.
- Weekly MACD is nearing a buy signal. A Bullish closing for the week may confirm a MACD Buy signal.
- S&P 500 ANALYSIS AFTER CLOSING BELL
S&P 500 Analysis after closing bell
- SPX Continues to move up staying inside the weekly channel.
- The trend line break did not happened which might have given a MACD sell signal. Instead It acted as support for new high's to be made.
- Daily chart shows the smaller corrections in the up trend getting support at 50 Day SMA.
- Bears need to break the weekly up trend line and 50 Day SMA For a bigger fall to unfold.
- APPLE CHART ANALYSIS
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