DOW Jones Support levels

 

• Dow Jones Daily chart shows Price below golden ratio and moving towards 78.6% Fib level.
• Second chart shows levels between Golden ratio and 78.6% Fib level which may act as support areas.
• Price in weekly chart is near 100 Week SMA which is near 12400 levels. 
• APPLE CHART ANALYSIS

-->

APPLE Chart analysis

 

• APPLE Testing monthly support levels.
• March and May month lows are 516 and 522.
• Price sustaining below the hourly cloud will continue to favor bears of apple.

-->

FACEBOOK Resistance levels and Range

• Facebook moved up yesterday with good volumes.
• Daily chart is nearing the crucial resistance level of 100 Day SMA. Last time stock was corrected from this level.
• Daily chart also shows price in a consolidation range between 17 and 24. The GAP between 25.54 and 26.73 will act as stiff resistance if 100 SMA is crossed on closing basis.
• S&P 500 ANALYSIS AFTER CLOSING BELL

-->

S&P 500 Analysis after closing bell

 

 

• SPX Daily nearing golden ratio.
• Price has fallen below 50 Week SMA and is likely to move towards 100 Week SMA.
• Confluence of support at 38.2% and 100 Week SMA shall result in a bounce if price tests this level.