APPLE Hits the resistance line

• AAPL four hour chart with support and resistance line.
• Today's up move is stopped at the resistance line.
• Support for the stock is near 354 levels.
• Resistance line and 385 level will act as resistance in case of an up move.
• BROKEN TREND LINE OF GOLD
  

GOLD Testing its Trend line

UPDATED CHART FROM BELOW

CHART-I

• Gold has corrected from its high's following the negative divergence shown in four hour chart.
• Now profits for bears will extend only if the trend line in four hour chart gets broken.
• Price falling below 1822 will favor bears of gold.
• SLV BEARISH PRICE ACTION
  

S&P 500 Futures Hour chart analysis

• ES is sustaining above 50 Hour moving average and the cloud.
• Today's important numbers are 1160 and 1138.
• Price falling below 1138 will favor bears.
• 1160 levels may act as resistance. the levels are likely to be violated on the upside.
• S&P 500 ANALYSIS AFTER CLOSING BELL
  

NIFTY Futures trend update

• Nifty hour shows the effect of bearish cross.
• Price yet to recover and have not violated 50 Hour moving average on closing basis.
• Nifty is also staying below crucial trend line drawn from 5700 levels.
• So it remains a sell on rise as of now.

NIFTY Intraday update

CHART-II

• Futures should sustain below 4903 for further down moves to happen

CHART-I

HOUR CHART BELOW IS NIFTY FUTURES

• 15 Minutes is moving up in a channel
• Hour is knocking at 50 hour moving average again. (HOUR CHART NIFTY FUTURES)
• Breaking the channel will be negative.
• Hour chart if stays above 50 Hour moving average then nifty will continue to move up in the channel.

NIFTY Daily Analysis

• Closing above 5 day high ema will add strength to this pull back.
• Failing to close above 5 day high ema will be negative.
• Indicators are starting to turn positive But they are still in bearish territory.
• Price doing a good breakout above channel resistance line will also help bulls.
• S&P 500 ANALYSIS AFTER CLOSING BELL
  

S&P 500 Analysis after closing bell

• If 20 DMA and 50 Hour SMA gives support 1208 levels looks possible for bulls during this week.
• But  one should remember that this consolidation is happening in a down trend. And 20 Day SMA acts as stiff resistance during such trends So we shall see how price reacts from there when it hits it.
• SLV TREND UPDATE
  

SLV Trend update

• SLV hour is approaching a gap and 50 Hour moving average.
• So for bears to extend the gain they have to break and close below 50 Hour moving average and the GAP.
• Price staying below 41.19 will be negative.
• Bulls of SLV should hope that the GAP and 50 Hour moving average acts as support.
• SILVER BREAKOUT FAILURE