DOW JONES Chart update

• For the current up move may find resistance at 20 and 100 Day SMA.
• Weekly charts also shows resistances at 13300 and the Weekly Middle bollinger band.

NIFTY intraday update

 

• Price near range Top.
• Intraday Bulls will remain strong above 5935 that is today's GAP.
• Price Sustaining above today's GAP should lead to an upper breakout.
• For bears price falling into the GAP may give a Dip towards 5915 and 5900.
• NIFTY 50 STOCKS FREE LIVE CHARTS

-->

S&P 500 Analysis after closing bell

 

 

• SPX One hour chart shows a perfect hammer reversal. Price is nearing the Golden ratio which is expected act as resistance. For bulls price is showing good upward momentum. 
• Price closed below the Hourly Ichimoku cloud. Trading above the hourly cloud bulls should be able to extend gains in the coming days.
• FORD MOTOR BREAKOUT

-->

SPY Chart update

 

 

• SPY Near 200 Day SMA
• 4 Hour chart shows price nearing golden ratio.
• There are unfilled GAP's on both the sides. If 200 SMA is held the upper GAP will be faded. Below 200 SMA the Lower GAP will be faded and a possible test of the lows near 134 is possible.
• FORD MOTOR BREAKOUT

-->

APPLE Chart update

 

• APPLE Daily chart nearing 20 day sma.
• Immediate resistance level at 534 levels
• For bigger up moves price must break the 4 Hour cloud and the falling resistance line.
• COCA COLA CHART ANALYSIS

-->

EURUSD Chart update

 

• EURUSD Previous resistance level continue to act as support.
• Daily chart nearing 20 Day SMA.
• 4 Hour chart shows price near 38.2% Fib level which may act as support.
• FORD MOTOR BREAKOUT
• DEATH CROSS OF DOWN JONES
• COCA COLA CHART ANALYSIS

-->

NIFTY Intraday update

• 15 Minutes of nifty chart shows price contraction.
• Breakout or breakdown could lead to a bigger move.
• One should also expect a failed breakout too to reverse the trade appropriately. Failed breakouts often lead to bigger moves.

-->