- Bank of america weekly chart shows a pause or bearish candle at crucial resistance zone of 18 levels.
- Negative divergence and Broadening pattern also shows a likely bearish move in the coming week.
- Weakness can be confirmed below 17.60 levels. Price may test the rising trend line shown in weekly chart.
- APPLE WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 4, 2015
Bank of America Weekend update
APPLE Weekend update
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhy5wEQTL_SdjyF8Ih-tOft4bwla7CK2k8bWJZI2vfWpaU0CFpjrGei9IoPw4aQ5u9NNvoQmin9CjiPsE6255MIcUgIfmtawBD-DCh6G5IfGA6DcY2B003pcpJCtLpGt6ldJPMZekkd-FA7/s1600/Apple+daily+chart.png)
- Apple weekly chart shows negative divergence with price and RSI. Weakness for divergence can be confirmed only if price starts to trade below 20 Week SMA.
- Immediate support levels are 106 are and 100 Day SMA.
- CRUDE OIL TREND UPDATE
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