- Look at the confluence of resistance on the election result day, Price got resisted exactly at 50 and 200 Day SMA.
- Price for now is testing the resistance zone of a previous weekly range. Bulls would hope that this zone turns as support for now.
- Fib levels shows price at 50% Fib level. If this holds a bounce is possible. Weekly candle closing into the previous range will extend the fall of INFY.
- SPY Daily chart shows price testing the resistance zone
- 50 Day SMA and 38.2% Fib level acted as support to stop the correction.
- Daily candles if shows no weakness new high's are possible.
- SILVER Daily chart shows price getting resisted at 50 Day sma.
- 4 Hour chart shows price wanting to move up but shows weakness at resistance level. Silver chart is trying to put up an Ascending triangle like pattern.
- Break below the One hour support levels may extend gains for silver bears.
- Crude oil 4 hour chart shows price testing previous support zone.
- Price has managed cross the Golden ratio next fib resistance at 78.6%
- Daily chart shows price nearing crucial swing Highs.
- ES 4 hour chart shows price testing resistance zone.
- One hour chart is trying to stay above the cloud.
- One hour with fib shows price approaching the golden ratio possible reversal zone.
- Apple daily chart shows price in a range between 580 and 604
- Crucial support levels for the stock are 20 Day SMA and 23.6% Fib level.
- Weekly chart shows support at golden ratio which must be held to avoid bigger falls.
- closing above 604 may lead to 637 levels.
- 15 Minutes chart is shown with fib levels. Price is taking support at 78.6% Fib level
- Hour chart is testing 20 Hour SMA.
- Last chart shows the crucial GAP between 7020 - 7060. Bigger weakness only if price falls below this level.
