GOOGLE Support and Resistance levels

• Google one hour chart shows price near Golden ratio and price resistance area of 890 - 891.
• Crucial support at the hourly cloud. One of these levels has to break for a bigger move to happen.
• APPLE FALLING WEDGE PATTERN

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ES Chart update

 

• ES back to 100 period SMA of four hour chart which has acted as a stiff resistance level for sometime now.
• One hour chart shows a bullish possibility But price must sustain above 50 Hour SMA. Weakness on price falling below 50 Hour SMA.
• S&P 500 WEEKEND UPDATE
• BLACKBERRY WEEKEND UPDATE

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APPLE Falling wedge pattern

 4 HOUR CHART

• Apple one hour chart shows a falling wedge pattern. Price holding above the support line should give a breakout towards 445 levels.
• Price must sustain above 50 Hour SMA for a bigger up move to happen.
• Last chart shows fib levels in 4 Hour time frame. For bulls price must move above 38.2% Fib level for a possible target back towards 23.6% Fib level. Breaking below 50% Fib level means weakness.
• BLACKBERRY WEEKEND UPDATE
• S&P 500 WEEKEND UPDATE

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BANK Nifty Support and Resistance levels

• For BN bulls immediate resistance levels are the 5 Day High EMA and the falling resistance line.
• Having broken below the daily ichimoku cloud the up move to break above the cloud will also be challenging.
• For bears breakdown level is the 50 Week SMA shown in last chart.

BLACKBERRY Weekend update

• Daily chart shows Friday's up move getting resisted at 50% Fib level. 50 Day SMA too is acting as resistance, Bulls were unable to make a close above 50 Day SMA.
• Weekly chart still shows hope for bulls to move up towards the upper resistance line of the triangle provided price stays above 13.5 levels. 
• Weakness on price trading below 13.3 - 13.5 level.
• S&P 500 WEEKEND UPDATE

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FORD Motor Weekend update

 

• Ford daily chart shows price in a contracting triangle pattern.
• Price testing the up trend line and Possible breakdown level is 15.06 - 15.09. 
• Weekly chart shows price closing above golden ratio. Trading below golden ratio could lead to bigger corrections.
• S&P 500 WEEKEND UPDATE

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QQQ Weekend update

• QQQ Weekly chart shows weakness as price falls back into the weekly channel.
• For next week 20 week SMA could get tested if price falls below 71.47
• Crucial support in daily chart is 50 Day SMA whcih must be broken for a bigger fall to start. Bulls need to break above the resistance line shown in last chart to avoid correction for now.

• S&P 500 WEEKEND UPDATE

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