- APPLE Daily chart trading near the rising support line from 388 levels.
- 4 Hour chart shows price pausing at the Golden ratio.
- Daily chart with Ichimoku cloud shows price trading closer to the cloud.
January 7, 2014
APPLE Chart update
Dow Jones analysis after closing bell
- Dow Jones daily chart shows bearish price action after big divergence with RSI.
- Correction is yet to test the 23.6% Fib level. Daily MACD shows a bearish alignment as shown in chart 2 and May extend the correction towards 20 Day SMA initially.
- BLACKBERRY Bullish price action and Resistance levels
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