My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 19, 2013
FACEBOOK at support zone
- Facebok testing crucial support zone in daily chart.
- Price is trying to stay above 200 Day sma.
- Daily MACD is looking negative for bulls of FB. Daily close below 200 SMA should lead to a bigger fall.
- APPLE MONTHLY CHART ANALYSIS
ES Chart analysis
- First chart of ES shows the crucial resistance line in One hour time frame. Sustaining below this line ES could give new lows.
- For bears price should also sustain below the hourly cloud.
- 15 Minutes chart shows an ascending channel. breaking below this channel will resume the down move.
- APPLE MONTHLY CHART ANALYSIS
SPY Chart analysis
- SPY Testing crucial support level at 153.50
- Price has closed below 50 Day SMA.
- Weekly chart shows RSI sell signal. To confirm this price has to close the week at the current levels or Lower.
- APPLE MONTHLY CHART ANALYSIS
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