QQQ Chart analysis

• QQQ Trying to reverse from the daily up trend line.
• For bulls price need to do a close Back above 100 Day SMA and above 38.2% Fib level for an up move or bounce to happen.

SPY Support and Resistance levels

• SPY 5 Minutes chart shows immediate support and resistance levels.
• Daily chart shows price testing 38.2% Fib level.
• Bulls will remain weak below 100 Day SMA.

ES Chart update

• ES Daily moving away from 100 Day SMA and daily cloud.
• 30 Minutes chart shows immediate resistance levels at the resistance line and the Cloud. Moving above these levels may result in a pullback in ES.
• S&P 500 WEEKEND UPDATE

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NIFTY and INDIA Vix Chart analysis

• Weekly chart shows price nearing possible support levels. Weekly stochastic is still moving down and if price does not show a turnaround the support line drawn in third chart may not hold.
• India Vix is at possible range Top. Breakout in VIX may add strength for bears. Bulls need Vix to move down from 19.85 levels for a bounce to happen.
• BANK NIFTY WEEKEND UPDATE

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