My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 10, 2013
CRUDE Oil Inverted head and shoulders
- Crude oil daily chart shows an inverted head and shoulders pattern.
- Weekly chart shows price at the resistance line, Price has consistently got resisted at this line recently.
- Hour chart shows price getting support at the hourly cloud. Weakness on price falling below this cloud.
- S&P 500 WEEKEND UPDATE
S&P 500 Futures resistance levels
- ES Testing resistance line.
- Price also near 100 period SMA and Ichimoku cloud of 41 Hour time frame.
- S&P 500 WEEKEND UPDATE
SBI Chart analsis
- SBI Weekly chart shows price trading below the up trend line.
- Price nearing its crucial support level of 1976 and Weekly Lower Bollinger Band. If 1976 gets broken bigger falls can be seen in SBI
- Daily macd is starting to look good for bulls. But price unable to trade above 5 Day High EMA will be negative for SBI Bulls.
- NIFTY WEEKEND UPDATE
QQQ Weekend update
- QQQ Daily chart shows price near resistance line.
- Price also testing 20 day SMA.
- Price sustaining above 23.6% Fib level may result in a breakout above 20 day SMA and falling resistance line. Weakness on falling below 23.6% Fib level.
- S&P 500 WEEKEND UPDATE
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