GOLD Chart analysis

 

• Gold near 50 day SMA.
• 1736 - 1738 is a possible resistance area as shown in the second chart.
• 4 Hour chart shows price pausing at 50% Fib level. A bigger up move possible if price closes above 50 Day SMA.

S&P 500 intraday update

 

 

• SPX Daily chart back to 200 Day SMA.
• Hour chart with cloud shows price pausing at the hourly cloud.
• If price crosses the above levels we may see a bigger up move possibly towards the falling resistance line shown in last chart and the resistance zone shown in 4 Hour chart between 1397 and 1403.

FACEBOOK Chart analysis

 

• Facebook chart approaching Range Top at 24.54 and the Unfilled GAP between 24.54 and 26.73.
• Daily chart shows good momentum as Daily closed above 100 Day moving average on Friday.
• Now the GAP and Range top should act as stiff resistance. A bigger up move may happen if price closes above the range and In to the GAP.
• S&P 500 ANALYSIS AFTER CLOSE
• QQQ WEEKEND UPDATE
• APPLE WEEKEND UPDATE

BANK Nifty Chart analysis

 

• Price near crucial support levels for Bank nifty. Along with the Horizontal support levels price is also near 50 Day SMA and 5 Week LOW EMA. 
• MACD of Weekly chart is nearing a sell signal But Price needs to break all the support levels mentioned above for it to work well. Week sustaining above 5 Week Low EMA on closing basis may not give bigger gains for bears of BN.
• BANK NIFTY INTRADAY LIVE CHART WITH AUTO REFRESH

S&P 500 Futures chart update

• ES One hour chart shows price above the falling resistance line
• Price about to move above the Hourly cloud. Price need to sustain above the cloud for this up move to extend.
• Four hour chart shows a possible resistance level at 23.6% Fib level.
• S&P 500 ANALYSIS AFTER CLOSE
• APPLE WEEKEND UPDATE

IWM Weekend update

• IWM Weekly chart below 50 and 100 Week SMA. Weekly stochastic is yet to reach oversold zone and It is yet to show a turnaround. If 38.2% Fib level and Last week's low 76.13 fails to hold we may see more correction in IWM.
• If Friday's up move holds then we may see price moving towards 50 and 100 Week SMA. Falling resistance line shown in last chart could be the target if the Bounce continues.
• S&P 500 ANALYSIS AFTER CLOSE
• APPLE WEEKEND UPDATE

-->