APPLE Weekend update

CHART-II

• Apple hits the bollinger band as discussed in the blow chart. For bears price closing below the lower bb line may extend this fall. Closing above it may give a pullback towards 20 Day SMA again.

CHART-I

• APPLE Daily chart closing below 20 Day SMA should target the lower Bollinger band in the coming week.
• MACD sell signal has worked well so far. Price sustaining below 20 SMA should extend the fall towards the next support levels which is shown in the last chart.
• S&P 500 WEEKEND UPDATE

S&P 500 Weekend update

• Price closing the day below 50 Day SMA again is negative for bulls.For gaining momentum bears must break and trade below 1357 for possible targets near 1340.
• 20 Day SMA is crucial resistance. for the up move to resume price must close above 20 Day SMA.
• 2nd chart shows Weekly MACD getting ready for a sell signal. Price must stay below the up trend lien and the horizontal line for the sell signal to confirm.
• 20 Week SMA shown in last chart is a crucial support level. 
• JP MORGAN WEEKEND UPDATE

JP Morgan Chase and co Weekend update

 

• JPM Daily chart shows a bearish engulfing pattern But price is still above the crucial up trend line. 20 Day SMA is acting as resistance. Breaking the up trend line and trading below42.66 levels will favor bears of JPM.
• Weekly chart too shows a possible MACD sell signal in the making. Price not breaking above 46.49 and breaking the up trend line should favor bears of JPM.

GOOGLE Chart update

• Google getting support near 50 Day SMA and the up trend line from 480 levels.
• Price need to close outside this range for a bigger move to happen.

S&P 500 Futures Chart analysis

• Bulls of ES must stay above the 200 Period SMA and the Cloud for an up move to happen
• For now price is getting rejected from previous support levels. If this level is not crossed soon we may see big falls in ES.
• S&P 500 ANALYSIS AFTER CLOSE

State Bank of India Chart analysis

• Today being a weekly close its important for price to close the week above 5 Week High EMA. If that happens price will also close above the resistance line shown in first chart. Indicators like MACD too suggest possible up moves.
• If price fails to close above 5 Week High EMA and gives a bearish candle at the resistance line it should give selling opportunities.
• USDINR CHART ANALYSIS

S&P 500 Analysis after closing bell

• SPX Daily chart shows price moving up and closing above 50 Day SMA.
• Bulls may regain momentum once closing above 20 day SMA.
• Support taken at 78.6% has done well so far.
• One hour chart shows 200 Hour SMA and the Hourly cloud which bulls must cross to continue this up move.
• AUDUSD CHANNEL BREAKOUT