S&P 500 Futures Resistance levels

• ES Four hour chart with previous support and 200 period SMA as resistance levels. Bulls must cross these levels convincingly for a sustained up move to happen.

NIFTY Weekly Sell signals

• Nifty's daily bollinger band continue to contract.
• Up move may happen if nifty trades above 20 day sma (5257). Bulls will be weak below yesterday's low.
• Weekly chart is shown with 20 Week SMA. Weekly stochastic is turning down and if price starts to trade below 20 week SMA we may see a bigger down move. If 20 Week SMA is held we may see the opposite move as well so one should wait for the signal.
• NIFTY INTRADAY LIVE CHART

S&P 500 Analysis after closing bell

• This bounce may stop at the falling resistance line or the 50 period sma of Four hour chart.
• Price trading above the resistance levels mentioned should take SPX back towards 1392 levels.
• Last chart shows the crucial numbers in four hour time frame.
• SILVER DESCENDING TRIANGLE AND GOLDEN RATIO

Silver chart update

• Broken support line of the descending triangle as resistance.
• Breaking below 30.49 or the Golden ratio may extend the correction towards 29.70 levels.
• Getting back into the pattern may result in a bounce towards the falling resistance line.

APPLE Trend update

• Daily chart has broken below 50 Day SMA.
• Next hope for bulls is the daily Ichimoku cloud.
• Hour chart is trending down below 50 Hour SMA and the cloud.
• Breaking 556 will extend the correction towards 547 levels.
• APPLE WEEKEND UPDATE

ES Support and resistance levels

• Black support line shown in first chart is crucial. Breaking below it will take ES towards 1340 levels.
• 2nd chart shows the bearish moving average alignment which will continue to favor bears. 
• Things will be tough for bulls as the rally's will find it tough to cross 50 period SMA, The falling resistance line and 200 period SMA.
• GOLD NEAR LONG TERM SUPPORT LINE

GOLD at Long term support line

• Gold testing the long term channel support line.
• Price is sustaining below 50 Week SMA which is good for gold bears.
• Breaking below 1612 will strengthen bears of gold.
• SILVER DESCENDING TRIANGLE AND GOLDEN RATIO