- Ford Motor weekly chart at crucial weekly resistance levels
- Price near Weekly cloud, Ichimoku cloud and Resistance line and 100 Week SMA.
- For a bigger up move week must close above these resistance levels. Further weakness at the current levels will favor ford bears.
-
S&P 500 WEEKEND UPDATE
- Daily Chart shows strong support at 81 levels as 20, 50 and 100 SMA's converge at this level.
- Weekly chart shows a bearish pin bar pattern But price managed to stay above 20 Week SMA. More falls if price falls below 20 Week SMA.
- Daily MACD is also looking weak but need price to stay below 81.04 levels. Strength only if price stays above 83.8
- S&P 500 WEEKEND UPDATE
-->
- Weekly chart shows an inverted hammer or a shooting star pattern closing below 20 Week SMA.
- 2nd chart shows daily time frame falling from resistance line. Fall will extend below 20 Day SMA.
- Last chart which is the weekly time frame shows crucial levels of SPX. For bulls need a weekly close above 1422 for an up move towards 1474 levels. Weakness on closing below 1422 and weaker below 1396.
- APPLE SUPPORT LEVELS (Month and Week)
-->
- The pin bar of daily chart has given a correction for bears.
- Daily chart managed to close above 50 Day SMA.
- Weekly chart too has given a bearish candle. It looks like an inverted hammer pattern. This one will be effective if Price in daily chart starts to trade below 50 Day SMA on closing basis.
-->
- EURUSD Daily chart testing the resistance zone.
- 2nd chart shows the presence of a golden cross in daily time frame. Golden cross will do well if price breaks and sustains above the resistance zone.
- Last chart is the weekly time frame with price above the falling resistance line. Week closing near the high's may favor bulls of eurusd for the coming weeks.
-->
- SPY Hour chart testing crucial support levels at 100 Hour SMA and the Hourly ichimoku cloud. Break below these levels may take SPY towards 38.2% Fib level shown in last chart.
- QQQ 4 Hour chart shows price near range bottom.
- One hour chart shows price testing 200 Hour SMA.
- Fibonacci levels shows price near 38.2% Fib levels.
- Bears need a close below the range. Sustaining above 200 Hour SMA may give an up move towards the top of the range.
- APPLE SUPPORT LEVELS
-->
