State Bank Of India Chart analysis

• SBI Moving down below 20 and 50 Day SMA after a bearish cross
• Golden cross is still on and will be effective as long as 200 SMA does not get broken.
• Closing price below 20 Week  SMA will be negative for SBI  bulls.
• Important support level at 2047

CRUDE Oil Support levels

• Crude oil support line in daily chart.
• Breaking below it can take crude oil towards 97 - 98 levels.
• Price is at 23.6% Fibonacci level 
• Next crucial support is at the 200 Day SMA.

SPY Trend update

• SPY Hour charts trading below 50 and 200 Hour SMA will favor bears.
• Price is also near previous support resistance level. Its important for bulls to sustain above this level. Breaking below it will take SPY towards the Golden ratio shown in the first chart.

GOLD Support and resistance levels

• Daily chart is showing possible support level at golden ratio
• Weekly chart continue to get resisted at 50 Week SMA.
• Crucial low at 1612 which may act as support.

SILVER Support and Resistance levels

• Silver daily chart shows the falling support lines if the current correction is to stop at the red line we may see a bounce from 30.00 - 30.10 levels. Price falling below 30 means targeting the black line.
• Four hour chart is shown with resistance lines. 100 Period SMA will act as resistance and the space between 100 and 200 period SMA also will continue to act as resistance.
• Price is near the golden ratio of daily time frame which may give support.
• S&P 500 ANALYSIS AFTER CLOSING BELL

NIFTY Cloud and weekly stochastic

• Nifty daily and weekly charts yet to close below the Ichimoku cloud.
• Weekly stochastic lines are moving down  faster than the price. If crucial levels does not break this can be bullish. 
• closing below 20 Week SMA will negate the above bullish view.
• S&P 500 EOD ANALYSIS

S&P 500 Analysis after closing bell

• SPX Daily chart shows price staying above 20 and 50 day SMA. Consolidation above crucial moving averages may help bulls to extend gains. But daily chart also shows a bearish cross between 20 and 50 SMA which will keep the bears interested. 
• Cloud and 100 period SMA of Four hour also looks like strong support levels. So the violation of the range 1392 - 1415 may give a clear direction.