- EURUSD Monthly chart shows a slanting support line. Second chart shows price at 50% Fib level. Some more downside likely before a bigger bounce could happen.
- Daily chart if starts to trade above the cloud can confirm a bigger bullish trade. Staying below the cloud the correction is likely to continue.
- Apple is likely to remain in a Fibonacci range. Mostly stocks tend to range between 61.8% and 38.2% before a big move happens.
- Weekly chart shows price still in an up trend. Good buying opportunity may come if price test the up trend line again.
- Immediate resistance at 114. Support levels are 50 Day SMA and 111 level.
- Reliance weekly chart shows possible rising trend line.
- Second chart shows resistance zone between 910 - 930 level. Fib level also shows broken golden ratio around this zone. So bullish only if price manage to close above this zone.
- Reliance will remain weak on staying below this zone. Breaking below the trend line will strengthen bears of reliance industries.
- ES 30 Minutes chart shows price trying to put up a support zone in place.
- 4 Hour chart shows price is pausing at a crucial pivot zone. Previous resistance level is trying to act as support.
- Last chart shows price below Hourly cloud. More weakness here if price continues to stay below the cloud.
- NIFTY Daily stuck in an ascending wedge like pattern as shown in first chart. Till price stays within the boundaries the steady up move is likely to continue
- Ichimoku cloud shows price testing it twice in the recent past. Bears need price to sustain below the cloud for bigger breakdowns to happen.
- MACD Shows a possible buy signal coming But this can be a trap for bulls. Its better to look at the price levels to confirm strength and weakness.
- Last chart shows immediate resistance levels in 20 and 50 Day SMA.
- Looks like nifty has strong support at the current levels. But bulls need a weekly close above 20 Week sma to confirm the same.
- Nifty daily chart shows price near some support levels. But weekly is not looking good. For Bulls price need to get back above 20 Week SMA for a possible reversal to happen.
- Bears need price to close the week below 20 Week SMA.
- ES Hour chart shows immediate resistance levels.
- Daily chart shows Bulls trying to protect the crucial support level of 200 SMA.
- Price has to sustain above the Hourly resistance levels for this bounce to sustain.
- ES Daily moving towards 200 SMA
- Price is trending down below the cloud in 4 Hour time frame. Bears need price to close below 200 SMA for a bigger falls to happen.
- Bulls need a reversal pattern near 200 SMA.
- chart 2 shows crucial support zone around 8150 - 8180 zone.
- Last chart shows price testing lower Bollinger band. Immediate resistance at 20 Day SMA.
- First chart of nifty shows the consistency of the rising resistance line,
- ES is trading below the 4 Hour cloud.
- Price is moving towards previous resistance levels which may act as support.
- For bigger correction the previous resistance zone must be broken. First test at these levels may result in a powerful up move.
- 5 Minutes shows price in a range resolving this range may give bigger direction.
- Hour chart shows price trying to hold above crucial support levels as shown in first and second chart. Apple bears need a Hourly close below 100 Hour SMA which is yet to happen.
- ES 4 Hour chart shows price testing the cloud and 100 period SMA.
- Daily chart looks negative and if the fall continues it may test the 23.6% Fib level and previous resistance zone shown in 3rd chart.
