APPLE Testing support levels

• Apple testing crucial support levels
• FORD Trend update

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FORD Motor Trend update

WEEKLY TIME FRAME

• Ford four hour chart shows price testing the recent swing high of 17.66. Bears are hoping for a double top here But the trend in Higher time frames are clearly favoring bulls.
• A Weekly close above 17.66 may target 18.97 levels in the short term.
• APPLE Chart update

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NIFTY Chart update

• Price managed to close above crucial moving averages.
• First chart shows a potential resistance line.
• Weekly chart shows price moving above 20 Week SMA. A weekly close above 20 Week SMA will extend bullishness.

APPLE Chart analysis

• Apple daily chart is in  a trading range.
• Immediate support level at 486 and 23.6% Fib level. Below 23.6% price may test the 461-463 zone which is the 200 and 50 day SMA'S.  

GOLD testing support zone

 

• GOLD 4 Hour chart testing crucial support zone.
• Gold bears need price to close below this zone for a bigger down move to happen. Below 1350 price may test 1320-1330 zone.

CRUDE Oil testing support levels

 

 

• Crude oil Daily chart testing 50 Day SMA.
• Second chart shows price testing the rising support line.
• Crude oil bears need a daily close below 23.6% Fib level for a possible fall towards 38.2% Fib level near 102 levels.

NIFTY Chart analysis

• Immediate resistance levels for Nifty at  recent swing High 5754 and the 200 Day SMA.
• Price is approaching crucial Fibonacci resistance levels like Golden ratio and 78.6% Fibonacci level.
• Weekly chart too looks good for an up move towards the Middle Bollinger band.

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