December 1, 2013

CITIGROUP Weekend update

  • Citigroup daily chart shows price testing resistance level with Indicators at overbought zone.
  • Weekly chart shows a Bullish Pattern But price may make another dip towards the rising support line. Weekly candle too looks bearish at Upper Bollinger Band.
  • APPLE Weekend update

November 30, 2013

APPLE Weekend update

  • Apple month chart shows price closing above 20 Month SMA. Weekly chart shows price closing above the cloud and 50% Retrace level. If a correction happens in daily chart next week the above mentioned levels may now act as support.
  • Next resistance level or target area is the Golden ratio seen in weekly chart at 583 level. Daily chart shows a possible resistance line which may result in a pullback before price move up again.
  • SILVER Trend update
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November 29, 2013

SILVER Trend update

  • Silver 4 hour chart shows strong resistance at the cloud. Trend will favor bears as long as price stays below the cloud of this time frame.
  • Price is trying to stay above 50 Period SMA. Price has to close and sustain above 20.31 levels for a possible up move to follow.
  • GOLD Trend update
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November 28, 2013

FACEBOOK Chart update



  • Facebook daily chart shows price taking support near 100 day SMA. No bullish turnaround yet. A pause in falling on price trading above the falling resistance line, Strength only on trading back above 50 Day SMA.
  • Weekly chart is also trying to do a bullish reversal candle at 20 Week SMA. Candle closing at the current levels or higher would confirm a bullish weekly candle.
  • APPLE Chart analysis
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ES Chart update

  • ES having taken support at previous resistance level is testing the recent high.
  • 100 Hour SMA and hourly cloud are crucial support for now. Bears need to close below these two levels for a possible fall to happen.
  • APPLE Chart analysis
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APPLE Analysis after closing bell


  • APPLE Daily chart shows price closing above the recent swing high. Weekly chart shows price moving away from 100 Week SMA. Apple bulls need a weekly close above 545 which is the 50% Retrace level, this will also lead to a Monthly close above 20 Month SMA which will favor bulls of Apple in December.

ES Chart update


  • ES one hour chart shows price near 100 Hour SMA. For bears of ES need a close below this line and 23.6% Fib level for a possible correction to happen. 
  • Sustaining above this level may lead to newer high's.
  • GOLD Chart update
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