CISCO Weekend update

• CISCO Daily chart shows price moving down in a channel
• If the down move continues price may move towards 200 Day SMA and thus partially fading the GAP.
• Weekly chart shows price closing below 20 Week SMA and 23.6% Fib level.
• S&P 500 Weekend update
• APPLE Support and Resistance levels

-->

BANK Of America Weekend update

• Bank of America weekly chart shows the larger up trend still intact. The current fall looks like a correction in an up trend.
• Daily chart shows price below 20 Day SMA which is the immediate resistance level. 50 day SMA and 13.98 level is the immediate price support zone.
• APPLE Support and Resistance levels

-->

APPLE Support and Resistance levels

• Apple weekly chart shows strong resistance at 100 Week SMA.
• Immediate support at 23.6% Fib level and 20 Day SMA. Price closing below 23.6% will extend correction. Strength only on price closing above 100 Week SMA.
• S&P 500 Weekend update

-->