September 1, 2013
- Bank of America weekly chart shows the larger up trend still intact. The current fall looks like a correction in an up trend.
- Daily chart shows price below 20 Day SMA which is the immediate resistance level. 50 day SMA and 13.98 level is the immediate price support zone.
- APPLE Support and Resistance levels
- Apple weekly chart shows strong resistance at 100 Week SMA.
- Immediate support at 23.6% Fib level and 20 Day SMA. Price closing below 23.6% will extend correction. Strength only on price closing above 100 Week SMA.
- S&P 500 Weekend update