- Cat daily chart shows price breaking resistance levels. Next resistance at 90.69.
- Weekly chart shows price violating the Weekly ichimoku cloud and 50% Fib level. Bulls need a weekly close above these levels to extend the current up move.
- BLACKBERRY Falling wedge pattern
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 24, 2013
CATERPILLAR Breaking resistance levels
Dow Jones analysis after closing bell
- If Price gives a bearish candle at the resistance line then combining with the negative divergence Dow Jones may give a small pullback for bears.
- BLACKBERRY Falling wedge pattern
December 23, 2013
CRUDE Oil Support and Resistance levels update

- Price unable to move above 38.2% fib level and 100 Day SMA. 4 Hour chart shows price above crucial support line.
- Price has to break any one of these levels on closing basis for a bigger move to happen.
- BLACKBERRY Falling wedge pattern
ES Descending broadening formation
4 HOUR CHART
ONE HOUR CHART

- ES 4 hour chart shows a Descending broadening formation. Price has given a bullish breakout around 1810 level. Pattern rules suggest a 40 -50 point move from the breakout level which should take price above 1850 levels.
- One hour chart shows levels like 50 Hour SMA and hourly cloud which should be held for the above mentioned pattern to work well.
- One correction towards the breakout level cannot be ruled out. If price holds above the previous resistance zone then the up move will continue again.
- BLACKBERRY Falling wedge pattern
December 22, 2013
BLACKBERRY Weekend update
- Blackberry daily looks like a falling wedge breakout.
- 7.51 and 8.57 are immediate resistance levels or targets for this breakout.
- A bigger up move or trend change in shorter time frame can happen only if price is able to sustain above 100 Day SMA.
- GOLD DEATH CROSS Of Weekly Chart
December 21, 2013
APPLE Support levels
- Apple four hour chart shows with multiple support levels. Price nearing a make or break zone. Bulls need to close above the falling resistance line shown in second chart for a possible up move to happen. Closing below the 4 hour cloud will favor bears for a bigger fall towards 515 levels.
- GOLD DEATH CROSS Of Weekly Chart
December 20, 2013
SILVER Death cross update
- First chart shows weekly time frame with price breaking support levels. Price is nearing the next support level at 18.14 levels.
- Second chart shows the Death cross in weekly chart. If the low at 18 Breaks on closing basis this Death cross can extend its gains.
- Monthly chart shows the next fib support level of 78.6% near 17.30 levels. If this level holds a bounce is likely to happen.
- GOLD DEATH CROSS Of Weekly Chart
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