- Ford Daily chart is nearing a Death cross.
- Weekly chart is testing 50 Week SMA and a crucial support zone between 15.10 and 15.30. Death cross will perform well if the above mentioned levels gets broken on closing basis.
- YAHOO Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 29, 2014
FORD Death cross and support levels
YAHOO Chart analysis
- Weekly MACD Bearish cross looks good for Bears of Yahoo. MACD histogram and price also shows negative divergence. But price has to trade below 20 Week SMA for a bigger down move to happen.
- Daily chart shows price getting support at the cloud. Price must close below the cloud for a bigger correction.
- Price staying below 50 Day SMA will favor bears of yahoo.
- FACEBOOK Chart update
ES Chart update
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- ES Daily chart shows previous resistance line acting as support so far.
- 38.2% Fib level too has given support. One can add the 100 Day SMA to there as well which makes this a crucial support zone.
- Hour chart shows price unable to stay above the hourly cloud.
- Bank of America Trend update
GLD Resistance levels
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- GLD Weekly chart shows price near falling resistance line.
- Daily chart shows price testing resistance zone between 121.82 - 122.83.
- Last chart shows price near Middle Bollinger band. GLD Bears need a negative candle at 20 Week SMA for a bigger downfall to happen.
- GOLD TREND ANALYSIS
APPLE Analysis after closing bell
- Apple Gap's down and closed the day below 100 Day SMA. Sustaining below 100 SMA may target 200 day SMA in the coming day's.
- Weekly chart has fallen below 20 Week SMA. Weekly chart also shows a bearish MACD cross.
- Last charts shows weekly Top's. For the current breakdown price is likely o test 50 Week SMA.
- FACEBOOK SUPPORT LEVELS
January 28, 2014
Bank of America Trend update
- Bank of America weekly chart shows price getting resisted at channel resistance line.
- Daily chart shows price near crucial support levels like 50 Day SMA and previous resistance level at 15.98. Bears must break below these levels for extending the fall.
- Immediate resistance level is the broken 20 Day SMA. Bullish if price is able to get back above 20 day sma.
FACEBOOK Chart update
- Facebook Weekly chart shows price taking support at 20 Week SMA. This line should be held on weekly closing basis for a bigger up move to follow.
- Daily and 4 Hour charts too shows price near crucial support levels. If these levels are held a bigger trading bounce is possible in Facebook.
- GOLD Trend analysis
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