DOW JONES Chart Analysis

• Daily chart shows support level between 12710 - 12748.
• Price is also getting support near 100 Day SMA.
• Having broken below the cloud it may act as resistance. To avoid a bigger fall price must get back above the cloud soon.

CRUDE OIL Chart Update

• Crude oil getting support from Weekly cloud and daily support level near 95.
• Major hurdle for bulls is the 200 Day SMA which must be crossed to generate upward momentum.
• So for now price is stuck between these two support and resistance levels. Once price breakout of this range crude oil may give the next trending move
• CISCO CHART ANALYSIS

CISCO Chart Analysis

• Price sustaining below the daily Ichimoku cloud will favor bears to extend the correction.
• Price is nearing 200 Day SMA. A daily close below 200 SMA will strengthen bears further.
• Possible support level is shown in the weekly chart with fibonacci levels. 50% and Golden ratio(61.8%) may give support.
• S&P 500 ANALYSIS AFTER CLOSING BELL

NIFTY Intraday Update

• Nifty Hour near resistance line and cloud.
• Price has to sustain above the cloud and resistance line for an up move to happen.
• 38.2% Fib level may act as resistance above the cloud.

RELIANCE Month and Weekly chart Analysis

• Reliance month chart near the apex of a multi year triangle pattern. 
• Weekly charts shown with price near crucial support level and oversold indicators. 
• There is no turnaround or bottom formation in price yet. So one should not assume that a bottom is going to form. Breakdown at this level will keep the indicator oversold. So look for bullish candles at this level for going long.
• USDINR MONTHLY CHART

S&P 500 Analysis after closing bell

• SPX Hour chart shown with price cluster below 1357 level. Sustaining below this support level is risky for bulls as it may lead to bigger breakdowns
• Daily chart shown with 100 Day SMA. This line has been saving bulls for the last two days. Bears need to close below this level.
• Weekly looks good for bears. All bears need is a weekly close below 20 Week SMA to confirm bearishness.