September 16, 2017

APPLE Multi Year resistance line

  • Apple Month chart shows price trading near Multi Year resistance line. First touch on the line is marked in 2007. During the past 10 Years price has touched this line three times. Now price is trading near this line again.
  • Weekly chart shown with immediate support zone near 155 levels. Weakness in this time frame only if price closes below this level.
  • Daily chart has immediate support at 50 Day SMA. Closing below this line may give momentum for Apple Bears.
  • CRUDE Oil Weekend update

US Dollar Trend Update

  • US Dollar continues to stay below the Broken weekly support zone as shown in first chart.
  • Daily chart shows price falling down in a channel.
  • The Down trend will remain strong as long as price stay below the Daily Ichimoku cloud.
  • If 93 levels continue to act as resistance then more correction is possible.
  • CRUDE Oil Weekend update

CRUDE Oil Weekend Update

  • Crude oil Daily has a Bullish Head and shoulders pattern.
  • Price for now is pausing near the resistance zone of 50.50. More strength for Crude oil bulls If price is above to stay above 50.50. Possible targets for this move are 51.88 and 53.45 Levels.
  • Weakness if price falls below 48.60 Levels. Last chart shows Bearish swings on price falling below 48.60 Zone.