- Crude oil 4 hour chart shows a triangle shaped consolidation pattern. Price nearing resistance line.
- Daily chart shows price getting support near 50 Day SMA. Bears unable to sustain price below 50 Day SMA. Crucial resistance zone between 108 and 110.
- SILVER Resistance levels
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- Silver hour chart is violating resistance levels
- Next resistance level is at 23.57.
- price has to stay above 23.57 for targeting 38.2% Fib level shown in weekly chart.
- Microsoft Taking support at weekly up trend line
- 2nd chart shows weekly resistance levels.
- If price sustains above 33.41 it is likely to target the resistance line shown in last chart
- HPQ managed to close a gap in daily chart and left another Gap in doing so.
- Price has fallen below 20 week sma. Closing the week below this level may extend the fall towards lower bb in the coming weeks.
- Daily chart shows price below 50 and 100 Day SMA. More weakness on price falling below 21.81 levels.
- EURUSD Channel and Resistance ZONE
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- EURUSD 4 Hour chart shows price moving up in a channel.
- Daily chart shows price near crucial resistance zone of 1.34 - 1.3450.
- Weekly chart too shows price near 200 Week SMA. Recent attempts to cross this level has resulted in big corrections.
- SPX Analysis after closing bell
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- Weekly chart shows price trying to stay above 78.6% Fib level
- Daily chart shows positive divergence with MACD Histogram. But Price is yet to confirm a reversal.
- Last chart shows the struggle of bulls with 5 Day High EMA. Price must close above this level for a bigger bounce to happen. Another dip towards 9000 levels may give a buying opportunity risk reward ratio looks good here.
- Daily chart trying to stay above 100 Day SMA.
- Week is trying to turn up from 20 Week SMA.
- Weekly up trend line trying to support the fall. Weekly closing tomorrow will be crucial. Closing above the weekly support levels may extend this bounce.
