- Apple weekly chart moving up from 200 Week SMA.
- Month chart shows price taking support at 50% Fibonacci level for the up move from 78 to 705.
- Monthly Stochastic indicator is at oversold levels which need price to stay above 385 and break above 469 levels for the up move to continue.
- Crude oil One hour chart shows crucial support and resistance lines.
- 2nd chart shows hourly cloud acting as stiff resistance.
- Last chart is the daily time frame which shows price at 23.6% Fib level. Crude oil bears has to break and close below this level for a bigger down fall to happen.
- Wynn Resorts in a contracting triangle pattern.
- Crucial resistance at 50 Day SMA. Bulls need a daily close above 50 SMA and falling resistance line for a bigger up move to follow.
- Possible breakdown on closing below 200 Day SMA.
- TESLA MOTORS WEEKEND UPDATE
-->
- Silver near 50 Day SMA and near channel support line So this price contraction may soon get resolved.
- Channel may get resolved soon for a bigger up move in silver.
- For bulls need a strong breakout above the daily cloud for a bigger up move to follow. Bears need to stay below the channel to extend the current trend.
- GOLD WEEKEND UPDATE
-->
- ES Four hour chart shows price moving sideways.
- Price is able to hold above crucial support levels and 4 Hour cloud.
- Price in a range after an up move is mostly bullish. Strength on price sustaining above the cloud. Weakness on price trading below the 4 Hour cloud.
- S&P 500 WEEKEND UPDATE
- TESLA MOTORS WEEKEND UPDATE
-->
- The death cross in bank nifty continues to perform well.for bears.
- Price has closed below 50% Fib level which may open downsides till the Golden ratio.
- There is a small positive divergence in chart which will be difficult to get right because of the strong down trend.
- Strength for the day on trading above 10600 levels and weakness on breaking below last week's candle low.
- NIFTY WEEKEND UPDATE
-->
