GOOGLE Falling towards 200 SMA

• Google daily chart has fallen below the up trend line.
• Price has also given a breakdown below 50 Day SMA.
• Next hope for bulls of Google is the 200 Day SMA

QQQ Chart Analysis

• QQQ Daily chart hits 50 Day SMA.
• Price also touched 23.6% Fib level.
• Previous resistance level was 65.08 which may act as support. 
• Daily close below these levels will add strength to bears.
• APPLE WEEKEND UPDATE

S&P 500 Futures Resistance levels

• ES Four hour charts with resistance levels.
• Price near resistance line and 50 Period SMA which has acted as resistance so far.
• For a trend change to take place price must trade above all these levels and the previous support level  which acted as resistance so far.
• JP MORGAN WEEKEND UPDATE

CRUDE Oil Trend update

• Crude oil daily chart looks bearish as it stays below 20 and 50 Day SMA.
• But weekly chart is at a crucial support level. 20 Week SMA has given good support when price fell onto it last time. Week candle has given a Doji like formation at 20 Week SMA. If price stays above this line crude oil may turn up again.
• SILVER SUPPORT AND RESISTANCE LEVELS

Nifty weekly update

• Nifty moving towards crucial support levels.
• 200 SMA at 5145.
• Recent low at 5135
• Mid Bollinger Band or 20 Week SMA @ 5129
• 50% Fibonacci level near 5080.
• Perfect scenario for bulls would be an intra week break of these levels and close the week above them thus keeping the bullish scenario intact.
• For bears daily closing below these levels will add strength confirmation on a weekly close.
• S&P 500 WEEKEND UPDATE

SILVER Support and resistance

• Silver daily chart with support and resistance levels.
• Breakouts above 20 Day SMA is not sustaining.
• Daily candle closing above 32.58 will lead to a bigger up move in silver
• Breaking below 30.98 will be negative and may take silver towards 29 levels.
• APPLE WEEKEND UPDATE