- ES Four hour is staying below the crucial 100 Period SMA
- One hour too is trending below hourly cloud.
- If 50% Fib level does not hold a test of golden ratio is likely soon.
- APPLE WEEKEND UPDATE
January 5, 2015
S&P 500 Futures chart update
TATA Motors chart analysis
- TATA Motors weekly chart shows 20 Week SMA as immediate resistance level.
- Daily chart is testing golden ratio and cloud. Moving above these levels may target the range top near 550 levels.
- Weakness if price is unable to cross the golden ratio.
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