APPLE Chart update

 

 

• Apple gives a Doji at 50% Fib level and 20 Day SMA. Negative close on Friday may lead to a reversal.
• Sustaining above 20 SMA may target 50 and 100 Day SMA level at 434 and 436 levels.

NIFTY Chart update

• Weekly bullish Engulfing pattern of last week is not getting enough support so far. Bulls need price to stay above or near 5 Week Highe EMA For keeping this pattern effective.
• More weakness for bulls if day's starts to trade below 20 Day SMA as shown in last chart.

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ES Update

• ES One hour show price in a range.
• 4 Hour chart shows continued resistance near Golden ratio.
• Daily chart shows crucial support @ 100 Day SMA. Staying above this level may lead to an upper breakout.