SILVER Bearish Engulfing pattern.

SILVER WEEKLY CHART

• Silver weekly chart with a possible bearish engulfing pattern.
• If this one gets confirmed we may see price slide back to the trend line shown in weekly chart.
• For bearish weeks to unfold price has to close near 34 levels. This will make sure that the body of the previous two bullish candles will be engulfed by this bearish engulfing candle.
• DOW JONES ANALYSIS
  
  

SPY 5 Minutes chart

• SPY 5 minutes chart with today's range.
• Break below 127.47 may fade the GAP.
• If price takes support at 127.47 we may see an up move towards 128.39.
• DOW JONES ANALYSIS
  
  

ES Hour chart analysis

• Price in hour chart is trying to break the resistance line
• 1282 - 1283 area will act as resistance for ES. 
• Break below the yellow line will favor bears.
• DOW JONES ANALYSIS
  
  

CNX IT In a channel

• Weekly chart of CNX - IT shows a channel formation.
• Price is Near the resistance line of the small channel and the support line of the bigger channel.
• This setup should give good direction for the leading IT stocks once a breakdown or breakout happens on closing basis.
• DOW JONES ANALYSIS
  

Dow jones daily chart analysis

• Dow jones daily chart with 50 , 100 and 200 dma's and Ichimoku cloud.
• Price has violated both 50 and 100 dma's. If it stays below 100 dma we may see price sliding to 200 dma in the coming weeks.