Bank of America testing support levels

• Bank of america Weekly and daily chart testing crucial support levels.
• ES Chart update

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ES Chart update

• ES 4 hour chart shows price pausing at the support zone.
• Bigger bounce will be possible only if price stays above 50 Hour SMA.

SPY Analysis after closing bell

• SPY Daily chart testing crucial support zone and Moving averages like 50 and 100 Day SMA. For bulls of spy price should stay above this level to avoid a bigger fall.

ES Chart update

• ES 4 hour chart shows price in a trading range. Price moving towards the support zone of the range.
• For the day crucial support is near the 78.6% Fib level shown in 4 hour time frame.
• Immediate resistance at 15 Minutes cloud. Staying above this zone may give a bounce.
• FACEBOOK WEEKEND UPDATE

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SPY Weekend update

• SPY Weekly chart shows price continues to remain in a range despite Friday's Down day.
• 2nd chart shows crucial support resistance zone which must be broken for a bigger fall to happen. Last chart too shows crucial support zone in Weekly Middle bollinger band.
• FACEBOOK WEEKEND UPDATE

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FACEBOOK Weekend update

• First chart shows a possible support zone between 53 and 54. Chances of price taking support here is low because of the strong downward momentum of the stock. 
• Last two charts shows bearish events as price moves away from the cloud and 100 day SMA.
• YAHOO @ 200 DAY SMA

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YAHOO @ 200 Day SMA

 

• YAHOO Testing crucial support levels in both daily and weekly time frames.