SILVER Support levels

FACEBOOK resistance levels update

• Facebook moving back to the resistance zone discussed earlier.
• Weakness at the resistance zone may give another selling opportunity.

ES Chart analysis

• ES charts near resistance levels
• One hour chart shows immediate support at 50 Hour SMA. Closing below this level may give a bigger fall.

CRUDE Oil testing support levels

• Crude oil testing crucial support levels.
• Sustaining below these levels bigger correction is possible.
• Must get back above 200 Day SMA on daily closing basis to avoid bigger falls.

NIFTY Chart analysis

• Nifty daily chart shows price bouncing from the support zone. Nifty bulls also had the lower bollinger band at this level.
• Immediate resistance at 20 day sma.
• Weekly chart shows the bearish candle leading price towards 5 Week Low EMA. Only a weekly close below this line will  extend weakness.

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GOLD Chart analysis

 

• Gold continues to trade below the resistance line and 4 hour cloud.
• Crucial support at 50% Fib level.

BANK Of America Analysis before opening bell

• Bank of America weekly testing confluence of support levels at 50 Week SMA, Lower Bollinger band and support and previous resistance at 15.03. Bulls of BAC are hoping for a bullish weekly candle closing above these levels for a possible bounce to happen.
• Weekly close below these levels may lead to bigger falls.
• APPLE BREAKING ABOVE RESISTANCE LEVELS

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