CRUDE Oil Support and Resistance levels

• Crude oil hour chart pausing at golden ratio.
• 4 Hour cloud too is acting as resistance.
• Support in hour chart is seen at the rising support line and 100 Hour SMA.

GOLD Support and Resistance levels

• Gold daily chart shows price testing resistance zone between 1338 - 1347.
• Price nearing 100 Day SMA at 1354.
• Price above daily cloud. Weakness on price falling back into the cloud. Sustaining above the cloud may lead to a breakout above the resistance levels.

ES Chart analysis

 

• ES is sustaining below 4 Hour cloud.
• Daily chart shows price below 20 Day SMA.
• Next crucial support zone is shown in 2nd chart. For bears a bigger fall will be possible on breaking this level.
• TRIANGLE of Google

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SBI Analysis before quarterly results

• SBI Daily chart shows price consistently getting resisted near 5 Day High EMA. Last week's attempt to stay above this level has failed.
• Daily chart shows an inside day pattern which may work for bulls or bears. Levels are bullish above 1729 and bearish below 1636.
• Weekly chart shows price moving towards 1571 - 1590 zone which is a critical support level in weekly time frame. 

SLV Weekend update

• SLV Daily chart has closed above 50 Day SMA.
• Weekly chart is yet to break above the descending channel. Price need to stay above the channel for a bigger up move to happen.
• Weekly MACD is showing a bullish cross, for this one to perform well price need to stay above the channel shown in 2nd chart.

GOOGLE Triangle pattern

• Google shows a symmetrical triangle at the top of the trend. Weekly indicators are looking overbought which may result in a bearish breakdown. Price closing below the support line may target 100 day sma initially.
• Strength in daily chart only if price moves back above 50 and 20 Day SMA.
• APPLE Weekend update

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APPLE Weekend update

• Apple weekly chart has given a negative candle at upper Bollinger band.
• Daily chart also shows price moving down from 200 Day SMA and previous resistance levels.
• For apple bears need to break below the rising support line and 23.6% Fib level shown in last chart to extend this correction further.