August 26, 2013

BLACKBERRY Support and Resistance levels

  • Blackberry hour chart above 50 Hour SMA.
  • Daily chart is trying to stay above 50 Day SMA.
  • Crucial support at 23.6% Fib level. Sustaining above this level price may start to move up again. Daily close above 50 Day SMA may help bulls for the up move to extend.
  • APPLE Weekend update

S&P 500 Futures support levels

  • ES one hour chart shows price near 23.6% Fib level
  • Price is above 50 and 100 Hour SMA.
  • Price above Hourly cloud may also support bulls during correction
  • SILVER Weekend update
  • S&P 500 Weekend update
  • FALLING Wedge of INTEL

TATA STEEL Chart analysis

  • Approaching resistance levels for Tata Steel is the daily cloud Top and 38.2% Fib level at 291.8
  • Support levels are Weekly Middle Bollinger band at 274 and 100 Day SMA at 277.
  • NIFTY Weekend update

APPLE Weekend update

  • First chart shows the smaller corrections during this up move. For now though price is testing a crucial resistance level so one has to wait and watch if price is able to break above this level.
  • Weekly chart shows a bearish candle at 100 Week SMA.
  • Fibonacci levels also shows a pause candle at 38.2% Fib level. So for further up moves price must close the day above 507 levels. Bearish or weak below 498 levels.
  • FALLING Wedge of INTEL