- Ford Motor Daily chart at up trend line
- Price is testing 50 Day SMA.
- Weekly candles are falling from the cloud. For a bigger up move price must trade above the cloud. For now if 50 SMA and daily trend line fails to hold we may see extended correction.
- S&P 500 ANALYSIS AFTER CLOSE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 18, 2012
FORD Chart analysis
QQQ Weekend update
- QQQ Weekly chart shows Stochastic approaching oversold zone. There is no sign of reversal yet.
- Price could continue to fall towards 59.80 - 60.0 zone which is the crucial support are in weekly chart.
- 59.80 - 60.0 level also has the 50% Fib level and 100 Week SMA which makes it a confluence of support.
- S&P 500 ANALYSIS AFTER CLOSE
- APPLE WEEKEND UPDATE
NIFTY Weekend update
- NIFTY is near the Up trend line in daily chart. This line has held so far more correction only if this one breaks.
- Price has closed below 50 Day SMA. During this up move from 4770 levels all closes below 50 SMA is followed by up moves. Bulls are hoping this happen again.
- Weekly chart shows MACD nearing a sell signal. Price managed to close below 5 Week LOW EMA. Sustaining below this line will add strength for the MACD Sell signal.
- NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH
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