November 17, 2015

ES Resistance levels



  • ES 4 hour chart shows price nearing possible resistance levels. Weakness here may resume the fall.


November 15, 2015

Apple weekend update



  • Month chart shows bearish April month candle at the top followed by a correction. Now September month candle is a possible bullish one But if price falls below 107 levels bears will gain momentum again. 
  • Week chart shows a  bearish head and shoulders patter. Daily has a death cross and price has closed below 50 day SMA.


November 14, 2015

GOLD Weekend update

  • One hour chart shows price below cloud. Daily chart shows price testing crucial swing low. A reversal in daily chart can be first seen in Hourly chart if price starts to trade above the cloud.
  • Week shows price making new lows. Twice in the recent past price did give a bounce from the swing lows before making new lows, 


November 12, 2015

Silver chart update

  • Silver one hour chart shows a trending move. Week and Month chart shows price testing crucial support zone. Reversal if happens will be seen first in one hour chart. Silver bulls need price to move above hourly cloud first, Price if unable to move above hourly cloud will result in another technical breakdown in Silver.





ES chart update


  • ES 4 hour chart shows a head and shoulders pattern near resistance zone. Price is showing weakness at daily resistance zone. Bears need price to sustain below the 4 Hour cloud to extend weakness.
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November 10, 2015

Apple chart analysis


  • Apple weekly chart shows price trying to put up the right should of a head and shoulders pattern.
  • Daily chart unable to sustain above 200 day sma.
  • Last chart shows weekly getting resisted at cloud top. Apple bears need a weekly close below the cloud.



November 9, 2015

ES Trend update

 
 
  • ES daily at resistance zone.
  • 4 Hour chart shows price testing crucial support levels. Bears need a close below 4 Hour cloud.