- Apple daily chart shows a Golden cross.
- Price for now is stuck between 50 and 200 Day SMA.
- Daily and month chart shows bearish set up. This set up will get activated once and if Daily starts to trade below 200 Day SMA. For the Golden cross to work price must trade above 50 Day SMA.
- CRUDE OIL Weekly resistance line
December 2, 2016
- Crude oil weekly chart testing crucial resistance line.
- Crude bulls need a weekly close above 52 levels to confirm a breakout from a weekly bullish pattern. Price trying to stay above crucial moving averages. This set up too needs a further breakout from here for bigger up moves to follow.
- Crude bears need to see some weakness here at the resistance line to start a Down swing.
- GOLD Chart Analysis
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