- Boeing Daily chart shows Bearish candle with Volume spike.
- Daily chart is yet to break below the Rising support line. Weakness in daily chart below 98.99 levels.
- Weekly chart with MACD shows bearish alignment. Medium term weakness if price falls below 96.30 levels.
- S&P 500 WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 13, 2013
BOEING Bearish Volume Spike
S&P 500 Weekend update
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwjBBCHsN0qosWwiQvN-aLUkVldkscibMftIpvfzUsoyRK9qc_szh9NUnb13eBzxBRPjRcAf1YbfyuvlbBDlq_UEWz6vdZuu7hikv7qj_7jLH1QriIB8Ix8maQxZPoiCthD6cWT8S5DgFa/s640/SPX+WEEKLY+CHART.png)
- On closing basis today SPX made New High's.
- Second chart shows price Moving towards a parallel channel resistance line which is around 1697 - 98 levels for next week.
- Weekly chart shows 1687 which is the crucial level for the coming week. Daily close above this level will hint more strength for Bulls of SPX.
- GOLD CHART UPDATE
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