- APPLE Resistance levels on closing basis
- First chart shows price moving above crucial resistance lines.
- Falling 200 Day SMA may act as resistance. Immediate resistance levels for next week is around 463 levels. Daily close above 463 may lead price towards the 200 Day SMA.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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- SPX Closed above the horizontal resistance levels.
- Price nears parallel resistance line.
- Price is developing negative divergence. Price may violate the channel resistance line before the correction could start.
- Silver violating the channel of four hour chart.
- Price getting resisted at 50 Day SMA. Price has to close above 50 Day SMA For a bigger up move to happen.
- Trend in daily chart will weaken only if price starts to trade above the cloud.
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