Stock Market Chart Analysis

December 25, 2012

SPX 4 Hour chart shows price closing near the up trend line. Price sustaining above the 4 Hour cloud will keep the bulls interested.
Crucial support in daily chart are the 20 SMA and 50 Day SMA
EURUSD TREND UPDATE

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EURUSD Daily chart is testing the breakout above the resistance levels.
Daily chart shows negative divergence. During trending moves divergence doesn't work well.
Price sustaining above crucial moving averages. Weakness on price falling below 20 day sma.
APPLE WEEKEND UPDATE

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Daily chart shows price at lower bollinger band which may result in a bounce.
MACD sell signal is doing well so far as price breaks the range. For bears price has to sustain below 23.6% Fib level for more falls.
If price gets back into the range we may see a rally for the false breakdown.
APPLE WEEKEND UPDATE

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Daily MACD is showing a sell signal But price yet to break below daily range or 20 Day SMA.
Weekly chart is also showing price above crucial support levels as shown in last two charts. These two levels in weekly has to break for a bigger down move to happen.
NIFTY WEEKEND UPDATE
BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME

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Ford violating weekly resistance line
Price above Weekly ichimoku cloud.
Monthly chart also shows price above 20 Month SMA. Sustaining above these levels could lead to bigger up moves.
APPLE WEEKEND UPDATE

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First chart shows weekly time frame with rising and slopping support lines.
Next chart shows 100 Week SMA as crucial support if the support line gets broken.
Last chart shows Monthly candle trying to hold above 20 Month SMA.
RIMM CHART ANALYSIS

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