- SILVER 4 Hour chart in a range between 33 - 35
- Closing outside this range should give a bigger move.
- Weekly chart shows price unable to close above 38.2% Fib level. For bears it is the 100 Week SMA which has to be broken on closing basis for a possible down move.
- CRUDE OIL RESISTANCE LEVELS
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- EURUSD 4 Hour chart shows crucial support and resistance levels. Price moving up from 200 period SMA.
- Daily chart shows 50 and 200 SMA converging. So the range that's developing in daily chart may soon get resolved.
- Price is near the weekly down trend line so a breakout should above this line for a bigger up move. Price closing below 50 and 200 SMA Shall resume the down trend.
- APPLE CHART UPDATE
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- ES Bounces from the key support level of 1424.
- For the bounce to extend price has to sustain above the 200 period SMA of Four hour chart which was broken earlier.
- Last chart shows Fibonacci resistance levels for the bounce.
- S&P 500 ANALYSIS AFTER CLOSE
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- 10 Day EMA has turned Down But Stochastic is yet to fall below 80% line.
- Daily chart is yet to close below 20 Day SMA.
- Recent MACD signals has given decent points but current sell signal may work well only if price manage to sustain below 20 Day SMA.
- S&P 500 ANALYSIS AFTER CLOSE
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- SPX 4 Hour chart shows price Near support zone of 1426 - 1430
- Daily chart shows price approaching the up trend line
- Price is also falling towards the support zone of daily chart which is between 1422 - 1426. So this zone of 1422 - 1430 may act as strong support for bulls of SPX.
- CRUDE OIL RESISTANCE LEVELS
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