- ES 30 Minutes chart shows price getting resisted at the cloud.
- 4 Hour chart shows price hitting the Range breakdown target.
- Daily chart shows some more down move possible before a bigger bounce could happen. Daily time frame is shown with a possible support zone.
- APPLE CHART ANALYSIS
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 27, 2014
ES Chart Update
-->
FACEBOOK Support levels
-->
- Facebook daily chart near crucial moving averages like 50 and 100 Day SMA.
- Daily chart is also trading near the cloud.
- APPLE CHART ANALYSIS
APPLE Analysis before Quarterly results
-->
- Apple charts shows slight advantage to bulls as stock is about to release its quarterly financial results.
- 522 is the crucial support level, This is the 20 Week and Month SMA Trading below this level may lead to a bigger sell off.
- BLACKBERRY WEEKEND UPDATE
- ES Chart analysis
GOLD Trend Analysis
-->
- I was expecting a faster up move for gold from the pattern shown in last chart But Price is again showing weakness near 200 Day SMA. First chart shows the recent sell off's from 200 SMA.
- 2nd chart shows price struggling to break above the cloud. For bulls of Gold price must stay above the cloud for an attempt to break above 200 SMA.
- Last chart shows crucial price zone around 1250 level. Bulls will become weak if price starts to trade below 1250.
- ES Chart analysis
ES Chart Analysis
-->
- ES Daily chart shows price trying to take support at 100 Day SMA.
- One hour chart shows price nearing 23.6% Fib level. 30 Minutes shows price nearing the cloud which may act as resistance. Price if breaks these immediate resistance levels in smaller time frames will see a bigger and faster up move.
- Bears need to stay below 100 Day SMA for extending the fall.
- Bank of America Weekend update
- BLACKBERRY WEEKEND UPDATE
McDonald's Triangle Pattern and Death Cross
-->
- McDonald's Daily chart shows a triangle pattern. Price is testing the support line of the triangle pattern.
- Daily chart already has a Bearish Death cross in place. Price is trading below 200 and 50 Day SMA. More falls is likely if the support zone shown in last chart gets broken. Strength only on price trading back above 50 Day SMA.
- Bank of America Weekend update
- BLACKBERRY WEEKEND UPDATE
CISCO Bearish Price action and support levels
-->
- Weekly chart shows a Bearish Engulfing pattern at 50 Week SMA.
- Daily chart shows MACD getting ready for a bearish cross. Crucial support at 50 Day SMA.
- Price is also near the daily cloud. If price takes support at the cloud a trading bounce is likely to happen.
- BLACKBERRY WEEKEND UPDATE
- Bank of America Weekend update
Subscribe to:
Posts (Atom)