February 11, 2018

GOLD Weekend update

  • 4 Hour chart continues to look bearish as price stay below the cloud.
  • 1325 is a crucial number in 4 hour time frame. Moving above this level a bounce towards 1340 or the 4 hour cloud is possible. Staying below 1325 price will test the 50 Day SMA of daily time frame. Next bigger move of Gold depends on how price is about to react from 50 Day SMA.
  • APPLE Weekend Update
  • ES Weekend update
  • CRUDE Oil Weekend update

CRUDE Oil Weekend update

  • CRUDE Oil one hour chart shows price trending down below the cloud.
  • Daily time frame is at crucial support zone. Crude bears need to close below the cloud to extend the fall. 
  • ES Weekend update

APPLE Weekend update

  • Apple weekly chart shows bounce from support zone 148 - 150. Despite the bounce price continues to stay below 200 Day SMA.
  • Hour cloud shows price trending below it. Friday's bounce will have more meaning if it moves past the cloud. Next hurdle will be the 200 SMA in daily time frame. Unable to take out these levels will keep the weakness intact for Apple.
  • ES Weekend update