September 18, 2013
- Monthly chart of crude oil shows price weakness just above the Golden ratio. Last two falls from this area has given sub 80 levels for Crude oil bears.
- Weekly chart too shows price getting resisted at the same area. Trigger for a bigger correction may happen once price starts to trade below 102 levels on closing basis.
- SILVER CRUCIAL SUPPORT ZONE
- Apple up move getting resisted at 200 Day SMA. Second chart shows price has fallen back into the range from where a breakout happened. If price is unable to get back above 38.2% Fib level and the GAP Apple may extend correction.
- S&P 500 ANALYSIS AFTER CLOSING BELL