- Silver daily chart shown with a bearish shooting star candlestick pattern.
- Price in daily chart is pausing at 200 Day SMA and Golden ratio. Silver bulls must cross 200 SMA to extend the bounce.
- CRUDE OIL WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 29, 2015
SILVER Weekend update
APPLE Chart analysis
- Apple testing crucial support levels around 121-122 levels.
- 50 Day SMA and 38.2% Fib levels must hold to avoid a correction.
- Closing below 121 levels will favor apple bears.
- CRUDE OIL WEEKEND UPDATE
EURUSD Trend update
- EURUSD Daily chart nears 50 Day SMA and the cloud. Both these levels have acted as strong resistance levels for euro against us dollar.
- Month chart shows a long lower shadow for the current month candle, Which suggest the pair is trying to form a reversal. Problem for this view is the remaining 2 day's of the Month. Bulls of EURUSD need a close at the current levels or Higher.
- CRUDE OIL WEEKEND UPDATE
TESLA Weekend update
- Tesla weekly chart shows price below 100 Week SMA.
- 185 and 177 are crucial levels for Tesla.
- Month chart is looking good for bears. Price is forming a candle below 20 Month sma. Lower closing for the month may target lower BB in the coming months.
- Oversold bounces in daily chart can be used to enter short trades.
- CRUDE OIL WEEKEND UPDATE
Subscribe to:
Posts (Atom)