A Bearish looking APPLE

• Apple has given a bearish looking weekly candle.
• Long tail of the candle shows selling pressure at the top of the chart.
• 2nd chart is the most important one the daily line chart shows a support zone between 316 - 318 Break of this level will trigger further selling.
• Stock is close to 50 dma, break of this moving average will make the bears happy.
• TREND LINE OF GOLD
  
  

Triangle pattern of SUZLON Energy

• Suzlon energy is forming a triangle pattern in weekly chart.
• 2nd chart shows the stock in a strong down trend below 200 DMA.
• Considering the trend of the stock a downside break can give a safe trade. 
• Upside breakout may find resistance at 200 DMA.
• TREND LINE OF GOLD

CHANNELS of SPY

• SPY 30 minutes chart with support and resistance lines.
• Break of support or resistance lines shown with arrow can give good direction.
• Price action itself is in a big descending pattern so price may get resisted at the resistance line. having said that price breaking above the resistance line can resume the up trend once again.
• Bulls will gain strength if price goes above 129.20.
• TREND LINE OF GOLD