- Ford daily chart shows price in a contracting triangle pattern.
- Price testing the up trend line and Possible breakdown level is 15.06 - 15.09.
- Weekly chart shows price closing above golden ratio. Trading below golden ratio could lead to bigger corrections.
-
S&P 500 WEEKEND UPDATE
-->
- QQQ Weekly chart shows weakness as price falls back into the weekly channel.
- For next week 20 week SMA could get tested if price falls below 71.47
- Crucial support in daily chart is 50 Day SMA whcih must be broken for a bigger fall to start. Bulls need to break above the resistance line shown in last chart to avoid correction for now.
-->
- Thursday's up move got resisted at 20 Day SMA.
- Price managed to close the week above 50 Day SMA But Friday's candle shows weakness which has also affected the weekly candle.
- Last two weekly candles tested the up trend line, For now bulls are able to hold above it but price may break this trend line if gets tested again.
- BLACKBERRY CHART ANALYSIS
-->
- SPY One hour and 4 Hour charts shows price struggling to cross multiple resistance levels.
- Need to close above 50 period SMA of four hour time frame to resume the up move.
- BLACKBERRY CHART ANALYSIS
-->
- Blackberry daily chart shows resistances at 50 day sma and 38.2% Fib level.
- Weekly chart is showing up move from a possible reversal candle which is likely to extend this up move if price closes above the resistance levels mentioned in daily chart.
- S&P 500 ANALYSIS AFTER CLOSING BELL
-->
- ES Testing 100 Period SMA and resistance line
- Price is trying to stay above the 4 Hour cloud which is good for bulls. Breakout above the resistance line and 100 Hour SMA may extend this up move.
- S&P 500 ANALYSIS AFTER CLOSING BELL
-->
- Nifty daily chart is moving away from 200 Day SMA But price is approaching an up trend line.
- Weekly chart is likely to close below Middle Bollinger band which may lead to lower bollinger band in the short term.
- Monthly chart is testing 5 Month Low EMA. For the weekly chart scenario work Month Low EMA and the up trend line shown in daily chart has to break. Taking support at these levels may lead to a bounce.
- S&P 500 EOD UPDATE
-->
