- First chart shows price correction from the channel resistance line.
- If 50 SMA does not give support this fall could target 1620 - 1630 area.
- GOLD Support and Resistance levels
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 16, 2013
S&P 500 Analysis after closing bell
GOOGLE Triangle update
- Google triangle breakdown continues to do well for bears.
- Price has closed below 100 Day SMA.
- Next level for Google bulls to protect are 843-848 zone. for bigger falls to happen
- GOLD Support and Resistance levels
GOLD Support and Resistance levels
- GOLD 4 Hour chart shows price closing above resistance zone.
- Daily chart has violated 100 Day SMA. Bulls of gold need a close above this zone to strengthen this up move.
- Last chart shows potential targets or resistance levels for the current up move. Broken resistance levels and 100 Day SMA may act as support.
- SILVER Trend update
August 15, 2013
CISCO Negative Divergence
- Cisco moving up in a bearish channel with Negative divergence.
- Breakdown from the channel may take price towards the GAP.
- APPLE Fades the GAP
ES Testing support levels

- ES Testing crucial support levels shown in 4 hour and Daily time frames.
- CITIGROUP Cup and Handle Pattern
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