- Apple daily chart near 50 Day SMA
- 4 Hour chart shows possible resistance line.
- For bigger up moves price must close above 114.77 levels.
- SPY ANALYSIS AFTER CLOSING BELL
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 8, 2015
APPLE Resistance levels
S&P 500 Futures chart analysis
- ES 4 Hour has moved above crucial 100 Period SMA.
- Immediate resistance levels are the 4 Hour cloud and 78.6% Fib level.
- SPY ANALYSIS AFTER CLOSING BELL
INFOSYS Chart analysis
- First chart of infoys shows the GAP filling up moves. For now too price is dealing with a GAP.
- Price for now is stuck below the Daily Ichimoku cloud. Bulls need price to get back above the cloud and close into the GAP for replicating the moves of first chart.
- Last chart shows price stuck between 50 and 100 Day SMA. Closing outside this range may give bigger moves.
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