GOOGLE Chart analysis

 

• First chart is the daily time frame which shows Price stopping at the cloud.
• Next chart shows a contracting pattern with a failed breakout. Price has comeback into the pattern, If it breaks the support line we may see a faster fall in Google.
• Crucial supports in daily time frame are 694 and 688 with 50 and 100 SMA's respectively.
• S&P 500 WEEKEND UPDATE

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FORD Motor chart analysis

• Ford Motor weekly chart at crucial weekly resistance levels
• Price near Weekly cloud, Ichimoku cloud and Resistance line and 100 Week SMA.
• For a bigger up move week must close above these resistance levels. Further weakness at the current levels will favor ford bears.
• S&P 500 WEEKEND UPDATE

IWM Weekend update

 

• Daily Chart shows strong support at 81 levels as 20, 50 and 100 SMA's converge at this level.
• Weekly chart shows a bearish pin bar pattern But price managed to stay above 20 Week SMA. More falls if price falls below 20 Week SMA.
• Daily MACD is also looking weak but need price to stay below 81.04 levels. Strength only if price stays above 83.8
• S&P 500 WEEKEND UPDATE

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S&P 500 Weekend update

• Weekly chart shows an inverted hammer or a shooting star pattern closing below 20 Week SMA. 
• 2nd chart shows daily time frame falling from resistance line. Fall will extend below 20 Day SMA.
• Last chart which is the weekly time frame shows crucial levels of SPX. For bulls need a weekly close above 1422 for an up move towards 1474 levels. Weakness on closing below 1422 and weaker below 1396.
• APPLE SUPPORT LEVELS (Month and Week)

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DOW JONES Analysis after closing bell

• The pin bar of daily chart has given a correction for bears. 
• Daily chart managed to close above 50 Day SMA.
• Weekly chart too has given a bearish candle. It looks like an inverted hammer pattern. This one will be effective if Price in daily chart starts to trade below 50 Day SMA on closing basis.

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EURUSD Chart update

 

 

• EURUSD Daily chart testing the resistance zone.
• 2nd chart shows the presence of a golden cross in daily time frame. Golden cross will do well if price breaks and sustains above the resistance zone.
• Last chart is the weekly time frame with price above the falling resistance line. Week closing near the high's may favor bulls of eurusd for the coming weeks.

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SPY Intraday update

• SPY Hour chart testing crucial support levels at 100 Hour SMA and the Hourly ichimoku cloud. Break below these levels may take SPY towards 38.2% Fib level shown in last chart.