- Facebook daily chart shows price taking support near 100 day SMA. No bullish turnaround yet. A pause in falling on price trading above the falling resistance line, Strength only on trading back above 50 Day SMA.
- Weekly chart is also trying to do a bullish reversal candle at 20 Week SMA. Candle closing at the current levels or higher would confirm a bullish weekly candle.
- APPLE Chart analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 28, 2013
FACEBOOK Chart update
ES Chart update
- ES having taken support at previous resistance level is testing the recent high.
- 100 Hour SMA and hourly cloud are crucial support for now. Bears need to close below these two levels for a possible fall to happen.
- APPLE Chart analysis
ES Chart update
- ES one hour chart shows price near 100 Hour SMA. For bears of ES need a close below this line and 23.6% Fib level for a possible correction to happen.
- Sustaining above this level may lead to newer high's.
- GOLD Chart update
Subscribe to:
Posts (Atom)