APPLE Support and Resistance levels

• Apple Hour chart shows the fall pausing at Golden ratio.
• Price must trade above the 30 Minutes cloud for a bigger up move to happen.
• Hour chart shows price trading below 200 Hour SMA. 

ES Chart analysis

• ES one hour has fallen below 200 Hour SMA.
• Four hour chart shows possible support at the cloud which may save bulls from a bigger fall.
• QQQ ANALYSIS AFTER CLOSING BELL

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BLACKBERRY Bearish Engulfing

• Blackberry shows a bearish engulfing pattern near recent swing High. If price starts to trade below 10.21 this can also act as a Double top pattern. Setup may not give bigger gains for bears as price staying above 200 Day SMA. 
• Bearish view will be invalid if price close above 10.85. Bullish inverted head and shoulders can also play out if price stays above 200 Day SMA. 
• QQQ ANALYSIS AFTER CLOSING BELL

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QQQ Analysis after closing bell

• The broadening pattern of QQQ discussed in an earlier post continue to be valid..
• The Daily MACD is showing bearish alignment But needs price to close below the range for confirming weakness.
• GOLD CHART ANALYSIS

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