October 24, 2013

  • Microsoft 4 hour chart shows price trying to stay above 50 period SMA and up trend line. closing above these levels will favor bulls of MSFT. Crucial support at 4 Hour cloud.
  • ES One hour charts shows immediate support levels.
  • 4 Hour chart shows crucial support levels of 23.6% Fib level and 50 Period SMA near 1726 levels.
  • FORD Resistance levels
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  • Ford Weekly and Month chart shows price nearing Multi-Year resistance levels.
  • Resistance zone is between 18.23 - 18.97 level. Ford Bulls Need a weekly and a Monthly close above 19 levels to confirm a Bigger bullish breakout.
  • CRUDE OIL Multiple time frames
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  • Price testing resistance line, 50% fib level and price also nearing the Weekly cloud. Daily close above the resistance line and 50% Fib level may extend this up move.
  • CRUDE OIL Multiple time frames
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  • Tesla has broken below the rising support line and 50 Day SMA which are crucial support levels for Tesla. But price For Tesla bulls price has taken support at 158 - 161 zone and the daily Ichimoku cloud These two levels must break to change the trend of the stock.
  • CRUDE OIL Multiple time frames
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  • EURUSD Monthly chart shows price nearing the falling resistance line from 1.60 levels. Same resistance line is shown in weekly chart. Weekly chart also shows price nearing golden ratio. So multiple resistance levels here may stop a bigger move from happening.
  • CRUDE OIL Multiple time frames
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore