S&P 500 Analysis after close

 

• SPX Testing 50 Day SMA. 
• Price also near Golden ratio.
• Breaking above these two levels may take SPX Towards the daily cloud which for the current week is  at 1435 levels.

FACEBOOK GAP Fading

 

• Facebook fading the gap in daily chart. GAP will be closed at 26.73.
• Range of daily chart was about 6.7 points. Trading above 26.73 this up move of FB may extend towards 30.95 levels.
• Weekly chart shows possible resistance levels with Fib levels.
• ES TREND UPDATE

ES Trend update

 

 

• ES Four hour chart shown with next target or resistance zone.
• Daily chart shows price violating 50 Day SMA. Bulls need a close above this level for extending the up move.
• Bulls also need to breakout above the daily cloud to extend the up move.
• S&P 500 ANALYSIS AFTER CLOSE

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S&P 500 Analysis after closing bell

 

• Weekly chart shows price taking support at 50 Week SMA and moving towards 20 Week SMA. Closing the week above 20 Week SMA would be perfect for bulls.
• Daily chart shows price closing above crucial support resistance zone.
• Next possible support in daily chart is at the 50 Day SMA and Golden ratio.

SPY Resistance levels

 

 

• SPY 4 Hour chart with 100 Period SMA and Ichimoku cloud as resistance levels. Price also near crucial Fib levels.
• Bulls need a cloud breakout for an extended up move.

SILVER Chart analysis

• SILVER Daily chart falling back to 50 Day SMA
• 4 Hour chart also shows Ichimoku cloud trying to support the fall. If cloud breaks deeper fall is possible.

NIFTY Support and resistance levels

 

• NIFTY Closed above 20 and 50 Day SMA. This level should now act as support.
• Line chart shows price still in a consolidation range. For bigger move price has to resolve this pattern.
• Weekly chart shows price above 5 Week High EMA. Only a closing value above High EMA will confirm strength.