- AAPL Moves closer to the apex of a triangle pattern in hour chart.
- It looks like a descending Triangle So Breakdown of the support line should give a good short trade. One cannot rule out the upper breakout too.
- Price has lost momentum, Breakout or breakdown can give good direction for the stock.
- SLV is near the gap and 23.6% Fib level.
- GAP fading and crossing 38.6% level may target 41.20 levels and higher.
- Failing to cross the GAP may Give New lows for SLV.
- SLV WEEKEND UPDATE
- ES one hour charts with cloud and 200 Hour moving average.
- Price is struggling to break the cloud. Price not able to sustain the cloud breaks.
- Price not able to cross 200 Hour moving average.
- If price closes and trades below 1331.50 bears will be stronger.
- SLV WEEKEND UPDATE
- Nifty is trading in a range as shown in 15 minutes chart.
- Range is from 5443 - 5586.
- Break of the dotted line can bring nifty down towards the lower end of the range.
- Conclusion from the above charts: If price stays above 5550 it is better to stay long for 5650. Price slipping below 5550 will be negative for the bulls.
- SLV WEEKEND UPDATE
