ES breaking support levels

• ES Four hour chart breaks crucial support levels.
• Daily chart shows price approaching up trend line. For a bigger fall this line must break.

APPLE Chart update

• Apple weekly chart shows price unable to cross 23.6% Fib level.
• Weekly chart also shows price getting support at 20 Week SMA.
• Daily chart shows a possible inverted head and shoulders pattern. Bullish above 467 - 470 levels. Weakness on trading below 50 Day SMA.
• ES CHART ANALYSIS

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ES Chart analysis

• ES testing crucial support level. Price in four hour chart is at 200 period SMA.
• If the support levels hold a bullish pattern may play out.
• More weakness on price falling below 200 Period SMA.
• S&P 500 ANALYSIS AFTER CLOSING BELL

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NIFTY Chart update

• Nifty nears its 50 Day SMA. Price is staying below 38.2% Fib level which is good for bears. Strength only on price staying above 38.2% Fib level.
• Weekly chart shows bearish engulfing and sell signal. Further weakness on price trading below 5 Week Low EMA.
• NIFTY 50 STOCKS LIVE CHARTS - 5 MINUTES TIME FRAME

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S&P 500 Analysis after closing bell

• Today's up move got resisted at 20 Day SMA.
• Price is moving in a bullish pennant like pattern. Bulls need a resistance line breakout to extend this up move.
• Price closed above 38.2% Fib level. Rising 50 Day SMA and 50% Fib level are crucial  support if price falls.
• BULLISH ENGULFING COCA COLA

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SPY Chart update

• SPY Testing 200 Hour SMA again.
• 4 Hour chart shows price testing 38.2% Fib level. If this level does not hold price could fall towards the GAP and Golden ratio.
• Second chart shows triangle breakdown and the retest of the support line resulting in a fall.
• For bulls of SPY Price has to move back above 200 Hour SMA to avoid a bigger fall.