SPY intraday update

• SPY 30 Minutes chart with triangle breakout and today's morning GAP.
• Price has moved too far away from the GAP so this may not be filled today.
• APPLE BREAKS RESISTANCE
  
  

APPLE breaks resistance

• APPLE Hour chart with today's gap.
• Price breaks the resistance by leaving a gap in hour chart.
• If price closes above 326.55 this gap may not be faded.
• ES SUPPORT LEVEL IN HOUR CHART
  
  

S&P 500 Futures Before opening bell

• ES Hour chart gave a breakout above 1258.25.
• 1258.25 will act as the immediate support level in hour time frame.
• S&P 500 WEEKEND UPDATE
  
• TRIANGLE OF MICRON TECHNOLOGY
  
  

Nifty Daily Analysis

WEEKLY CHART

DAILY CHART

MONTHLY CHART

• Nifty Weekly chart shows breakout above a resistance line
• Daily chart with price trending up above 5 day high ema.
• Month chart shows nifty spot highest closing price on a monthly basis.
• All points to a bullish start for the year. 
• Let's see if bears have an alternate plan.

Triangle of Micron Technology

• Micron Technology is showing a triangle pattern in its daily time frame.
• Breakout above the resistance line should sustain above 8.3 levels.
• Break below the support line will favor bears.
• S&P 500 WEEKEND UPDATE
  
  

S&P 500 Weekend Analysis

DAILY CHART OF SPX

WEEKLY CHART OF SPX

• Daily chart is trending up above the trend line and the 20 day moving average.
• Positional longs will be safe until price stands above the trend line in daily chart and the 20 day moving average.
• Weekly chart is showing a bearish pattern. a rising wedge which is a bearish reversal pattern. 
• NFLX WEEKEND UPDATE

NFLX Weekend update

DAILY CHART

DAILY CHART

WEEKLY CHART

WEEKLY CHART

• NFLX Daily chart is looking negative with price breaking a trend line support and its 50 day moving average. This price action will be negative in the short term and will favor bears.
• Weekly chart is also showing a trend line beak. Trend in  Weekly chart can change completely if price breaks and close below 20 week moving average.