- SPY Weekly chart shows price continues to remain in a range despite Friday's Down day.
- 2nd chart shows crucial support resistance zone which must be broken for a bigger fall to happen. Last chart too shows crucial support zone in Weekly Middle bollinger band.
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FACEBOOK WEEKEND UPDATE
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- First chart shows a possible support zone between 53 and 54. Chances of price taking support here is low because of the strong downward momentum of the stock.
- Last two charts shows bearish events as price moves away from the cloud and 100 day SMA.
- YAHOO @ 200 DAY SMA
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- YAHOO Testing crucial support levels in both daily and weekly time frames.
