- Bank of america moving towards 200 and 50 Day SMA.
- Daily chart is nearing a death cross this level may act as resistance zone.
- Gold trying to move up as shown in daily chart. But price has to break above crucial resistance levels in shorter time frames.
- One hour chart shows 200 Hour SMA and Fib levels shown in 4 hour chart may act as resistance levels.
- Positive if price starts to trade above 200 Hour SMA.
- Ugly breakdowns in one hour and four hour charts. But daily time frame is closer to a crucial support zone.
- HCL Nearing its 200 Day SMA.
- Price has been facing stiff resistance at the hourly cloud. Long term trend of the stock can resume only if price gets back above the cloud.
- Weekly chart shows oversold RSI. If price stays above the crucial moving averages an up move is likely.
- ES one hour chart shows price above the hourly range.
- Weakness only if price falls back into the range.
- Bigger correction if 50 Hour SMA is broken. Hourly consolidation above the range looks bullish a continuation pattern is likely to play out.