- ES 4 Hour chart testing 100 period SMA.
- Price at a possible horizontal resistance level.
- Daily chart shows price testing 20 Day SMA.
- FORD MOTOR IHNS PATTERN
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- Google weekly chart finding support at 658 - 669 zone.
- Weekly chart also shows 20 Week SMA trying to support bulls.
- More up moves possible if 38.2% fib level is crossed on closing basis.
- FORD MOTOR IHNS PATTERN
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- SPY 30 Minutes chart has moved above the trading range.
- Sustaining above 38.2% Fib level should extend this up move towards 143.20 levels.
- Price staying above 30 Minutes cloud will favor bulls to extend the up move.
- FORD MOTOR IHNS PATTERN
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- ES Hour chart shows price approaching 200 Hour SMA. Yesterday's up move ended near this line.
- 4 Hour chart shows potential resistance levels if the up move continues. ES 4 Hour cloud may act as stiff resistance. Partial up move into the cloud looks possible.
- FORD MOTOR IHNS PATTERN
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- Ford motor gave an inverted head and shoulders breakout.
- Price has closed above 200 SMA with good volume surge.
- Weekly chart shows price testing 23.6% fib level. If this level is crossed on closing basis this up move should target 12.71 levels.
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- Nifty has to sustain below the range for a possible hit at 50 Day SMA.
- Price has fallen below the golden ratio. Weekly close below this level will favor bears.
- Daily chart trying to hold above 38.2% Fib level. More correction on breaking this level.
- A bigger fall only if 50 SMA and the up trend line of last chart does not
- Apple daily chart trying to hold above 200 Day SMA.
- One hour chart shows the strong down trend with Ichimoku cloud.
- Bearish cross of 200 and 50 Hour SMA will ensure sell on rises as long as price stays below crucial moving averages.
- SPY CHART ANALYSIS
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