- Gold 4 Hour chart shows price breaking support levels.
- Daily chart shows price breaking the neck line of a head and shoulders pattern. Daily chart with fib levels shows price violating golden ratio. Gold bears need a close below these levels for a bigger fall to happen.
- DOW Jones Analysis after closing bell
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 11, 2013
GOLD bearish price action
NIFTY Chart analysis
- Daily and weekly chart are moving into potential resistance levels. Next resistance level at 6134 - 6142 price zone. Weekly Upper bollinger band near 6164 level for now.
- DOW Jones EOD Update
DOW Jones Analysis after closing bell

- Dow Jones bounced from 200 Day SMA is fast approaching crucial moving averages like 20, 50 and 100 Day SMA's. Resistance zone in daily chart is between 15190 - 15250. Weekly chart shows price remaining inside the broad range of 14760 - 15658.
- TESLA at support levels
October 10, 2013
GOOGLE Support and Resistance levels
- Google Daily chart has taken support near 840-850 support zone. This bounce is also from near the 200 Day SMA. Hour chart is nearing 50 and 200 Hour SMA which should be crossed to extend this up move.
- DOW JONES Analysis after closing bell
JP Morgan Chase Chart update
- JP Morgan took support near 50 levels. Price is nearing falling resistance line and 50 Day SMA. JPM bulls need to close above 50 SMA to extend this bounce.
- DOW JONES Analysis after closing bell
ES Chart update
- ES violating crucial resistance levels.
- Sustaining above the cloud may extend this bounce.
- DOW JONES Analysis after closing bell
ES Resistance levels

- ES one hour chart shows price nearing 200 Hour SMA. 4 Hour chart shows price has some more distance to go before it nears the cloud and 38.2% Fib level as shown in chart 2 and 3.
- DOW JONES Analysis after closing bell
Subscribe to:
Posts (Atom)


















