- Weekly chart shows an inverted hammer or a shooting star pattern closing below 20 Week SMA.
- 2nd chart shows daily time frame falling from resistance line. Fall will extend below 20 Day SMA.
- Last chart which is the weekly time frame shows crucial levels of SPX. For bulls need a weekly close above 1422 for an up move towards 1474 levels. Weakness on closing below 1422 and weaker below 1396.
- APPLE SUPPORT LEVELS (Month and Week)
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 15, 2012
S&P 500 Weekend update
EURUSD Chart update
- EURUSD Daily chart testing the resistance zone.
- 2nd chart shows the presence of a golden cross in daily time frame. Golden cross will do well if price breaks and sustains above the resistance zone.
- Last chart is the weekly time frame with price above the falling resistance line. Week closing near the high's may favor bulls of eurusd for the coming weeks.
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