- Apple weekly chart shows RSI in oversold zone But not yet exhausted. If price stays above the crucial support zone of 505 - 518 we may get an up move.
- Immediate resistance level is the 20 Day SMA and support at lower Bollinger band.
- Death cross is done and this level along with 50% Fib level may act as stiffer resistance if apple bulls manage to get there.
- DOW JONES ANALYSIS AFTER CLOSING BELL
- ES Correction from 78.6% Fib level pausing at golden ratio. For bears price need to sustain below golden ratio for a bigger fall.
- Price is also pausing at the Daily Ichimoku cloud and 50 day sma. Holding above these two levels may help bulls to move up again.
- DOW JONES ANALYSIS AFTER CLOSING BELL
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- SBI Weekly chart shows price testing resistance zone.
- Daily chart shows crucial supports at 2282 and 2269
- Close below 5 Week HIGH EMA may give a correction.
- BANK NIFTY LIVE CHART WITH AUTO REFRESH
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- First and second chart shows Dow Jones daily chart forming a PIN BAR candlestick at the resistance zones.
- Daily chart is also unable to close above the Ichimoku cloud.
- For bulls price should sustain above 13250 - 13340 zone for a bigger up move to happen.
- EURUSD Daily chart took support near 23.6% Fib level and is back near the resistance zone between 1.3125 - 1.3168.
- Weekly chart shows price violating the falling resistance line from 1.49 - 1.45 levels. For bigger up moves price must sustain above the horizontal resistance line shown in the chart.
- ES Daily chart near Horizontal and falling resistance lines.
- Price also near 78.6% Fib level.
- Trading above 80% retrace level should give a complete reversal and fresh high's for ES.
- Unable to close the day's candle above 78.6% Fib level will be negative for bulls.
- FACEBOOK CHART UPDATE
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- FACEBOOK Daily chart is doing a consolidation above the GAP in daily chart. Price holding above 26.68 levels should extend the current up move in facebook.
- Indicators are showing overbought readings in daily chart But price if stays above crucial support levels like 20 SMA and 26.68 levels should stop a bigger correction from happening.
- Falling back into the filled GAP area will be bearish for FB.
- S&P 500 ANALYSIS AFTER CLOSE
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