- Ford Motor weekly chart at crucial weekly resistance levels
- Price near Weekly cloud, Ichimoku cloud and Resistance line and 100 Week SMA.
- For a bigger up move week must close above these resistance levels. Further weakness at the current levels will favor ford bears.
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S&P 500 WEEKEND UPDATE
- Daily Chart shows strong support at 81 levels as 20, 50 and 100 SMA's converge at this level.
- Weekly chart shows a bearish pin bar pattern But price managed to stay above 20 Week SMA. More falls if price falls below 20 Week SMA.
- Daily MACD is also looking weak but need price to stay below 81.04 levels. Strength only if price stays above 83.8
- S&P 500 WEEKEND UPDATE
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