September 22, 2017

FACEBOOK Range and 50 Day SMA

  • Facebook in a range of 165 to 174 with centre point at 169 levels.
  • Bulls need to stay above 50 Day SMA and 169 level for extending the up trend.
  • Weakness on closing below 169 and 50 SMA which may give 165 levels on the downside.
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September 21, 2017

APPLE Chart analysis

  • Apple testing crucial support levels.
  • Closing the day below 154 and 100 Day SMA may further weaken the Bulls.
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September 20, 2017

ES Analysis before opening bell

  • ES 4 Hour chart shows price in another rectangle. In an up trend Rectangles mostly resolve in favour of bulls.
  • Hour chart shows price staying above 50 Hour SMA. Immediate weakness if price starts to stay below 50 Hour SMA and 2500 levels.
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