July 2, 2013

ES Chart analysis

 
  • ES one hour near support levels of 100 Hour SMA and Hourly cloud. Sustaining above these levels may lead to an up move.
  • 4 Hour chart shows price unable to sustain above Golden ratio and 100 Period SMA. Bulls must cross these levels and sustain for a bigger up move to happen



July 1, 2013

S&P 500 Futures chart analysis

 
  • ES 4 Hour chart shown with support and resistance lines.
  • 4 Hour chart also shows price moving back to its resistance levels of 100 Period SMA and Golden Ratio.
  • BLACKBERRY WEEKEND UPDATE
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NIFTY Resistance levels

  • Daily chart of nifty with possible resistance levels for the current up move.




June 30, 2013

QQQ Weekend update



  • QQQ Daily chart shows possible resistance levels. 50 Day SMA, Falling resistance line and Golden ratio will act as stiff resistance levels.
  • Weekly chart shows rising support line and 20 Week SMA as support levels. Bears need a weekly close below these levels for a bigger down move to follow.
  • BLACKBERRY WEEKEND UPDATE
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APPLE Weekend update

  • Apple first chart shows price at weekly lower Bollinger band. This level has acted as support in the recent past for a trading bounce.
  • Daily chart shows possible double bottom up move 385 is held.
  • Month chart shows more pain for bulls if 385 is not held. Below 385 apple could test its Monthly Lower Bollinger band at 343.
  • BLACKBERRY WEEKEND UPDATE
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  • June 29, 2013

    BLACKBERRY Weekend update

    • Price closed below 200 Day SMA. Price may attempt a partial filling of the GAP which is likely to end at or near 200 Day SMA.
    • Weekly chart closed below the cloud which is negative the long term trend for the stock.
    • Weekly chart also shows  a triangle breakdown which is likely to take price towards 7.29 levels in the medium term.
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    FACEBOOK chart analysis


    • Facebook daily and One hour chart shows price nearing resistance level at 25.
    • Price also near 38.2% Fib level.
    • Bulls of FB need a close above these levels for a bigger up move to happen.