December 1, 2014

APPLE Chart analysis



  • 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.


S&P 500 Futures trend update


  • 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.