- Blackberry hour chart above 50 Hour SMA.
- Daily chart is trying to stay above 50 Day SMA.
- Crucial support at 23.6% Fib level. Sustaining above this level price may start to move up again. Daily close above 50 Day SMA may help bulls for the up move to extend.
- APPLE Weekend update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 26, 2013
BLACKBERRY Support and Resistance levels
S&P 500 Futures support levels
- ES one hour chart shows price near 23.6% Fib level
- Price is above 50 and 100 Hour SMA.
- Price above Hourly cloud may also support bulls during correction
- SILVER Weekend update
- S&P 500 Weekend update
- FALLING Wedge of INTEL
TATA STEEL Chart analysis
- Approaching resistance levels for Tata Steel is the daily cloud Top and 38.2% Fib level at 291.8
- Support levels are Weekly Middle Bollinger band at 274 and 100 Day SMA at 277.
- NIFTY Weekend update
APPLE Weekend update
- First chart shows the smaller corrections during this up move. For now though price is testing a crucial resistance level so one has to wait and watch if price is able to break above this level.
- Weekly chart shows a bearish candle at 100 Week SMA.
- Fibonacci levels also shows a pause candle at 38.2% Fib level. So for further up moves price must close the day above 507 levels. Bearish or weak below 498 levels.
- FALLING Wedge of INTEL
Subscribe to:
Posts (Atom)