- 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
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- 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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- Gold four hour and one hour chart shows price inching up towards resistance levels.
- Daily chart is nearing 50 Day SMA. This level may continue to act as resistance and price may resume the fall again.
