- IWM Daily chart trying to stay above 100 Day SMA.
- 2nd chart shows the weekly channel and the resistance line of the channel acting as support. This line has to break for a bigger correction to happen.
- Weekly chart shows 20 Week SMA trying to give support.
- APPLE POSITIVE DIVERGENCE
April 20, 2013
- Apple daily chart with RSI shows positive divergence.
- Weekly chart shows price testing lower bollinger band good place for a bounce before the next fall could resume.
- Monthly chart too shows price testing 50% Fib level.
- S&P 500 ANALYSIS AFTER CLOSING BELL