- GLD Weekly chart shows a possible reversal candlestick setup which needs price to trade above 5 Week High EMA.
- Daily chat is trying to stay above 20 Day SMA.
- GAP In daily chart and Crucial Fib levels may act as resistance for bulls of GLD.
- S&P 500 WEEKEND UPDATE
- BOEING BEARISH VOLUME SPIKE
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- Oracle daily chart shows 200 and 50 day SMA about to do a Bearish Death cross.
- Daily chart is trying to fade the GAP and has closed below 20 Day SMA with a bearish Engulfing pattern.
- More weakness for the stock on falling below 31.05. For strength price has to sustain above 20 Day SMA.
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BOEING BEARISH VOLUME SPIKE
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- Ebay Inc Weekly chart shows price Testing the selling zone.
- Daily chart shows overbought RSI as price nears the resistance zone.
- Weekly chart shows price Consolidating in a bullish rectangle pattern. Rectangle is likely to act as a continuation patter But for now price may remain inside this range.
- BOEING BEARISH VOLUME SPIKE
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- Weekly chart shows the up trend remains strong.
- Week and Daily chart are at resistance levels. Daily indicators are showing overbought readings which may give a correction towards rising support line shown in second chart.
- Weakness below 54.65, Strength above 55.9.
- BOEING BEARISH VOLUME SPIKE
- Boeing Daily chart shows Bearish candle with Volume spike.
- Daily chart is yet to break below the Rising support line. Weakness in daily chart below 98.99 levels.
- Weekly chart with MACD shows bearish alignment. Medium term weakness if price falls below 96.30 levels.
- S&P 500 WEEKEND UPDATE
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- On closing basis today SPX made New High's.
- Second chart shows price Moving towards a parallel channel resistance line which is around 1697 - 98 levels for next week.
- Weekly chart shows 1687 which is the crucial level for the coming week. Daily close above this level will hint more strength for Bulls of SPX.
- GOLD CHART UPDATE
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- Gold four hour and one hour chart shows price inching up towards resistance levels.
- Daily chart is nearing 50 Day SMA. This level may continue to act as resistance and price may resume the fall again.
