- Google hits the weekly resistance line
- Daily MACD Histogram shows negative divergence
- Daily chart is showing weakness. But price for now is staying above 200 SMA. Bigger weakness only if this line is broken on closing basis.
- FACEBOOK AT RESISTANCE ZONE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 7, 2015
Google at weekly resistance line
Facebook Weekend update
- Facebook is showing weakness at weekly range Top.
- Daily chart is moving down after a Bearish PIN BAR Candle. Next crucial support level is at 78. More weakness if 78 level is gone on closing basis.
- GOLD Nearing weekly lows
CRUDE Oil Weekend update
- Crude oil daily continues to move in a range.
- For crude oil bulls price need to sustain above the daily cloud and the range for a reversal to confirm.
- Range breakdown should take price below 40 levels.
- GOLD Nearing weekly lows
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