Wednesday, April 18, 2012

5340, 50 Day SMA is key

5340 is 80% retracement level of the fall from 5379 to 5184 as well. This is HL4 level of Camerilla. This is also Weekly high EMA as well. This level may provide a great resistance but once crossed it will be bulls march. Staying below 5233 may indicate further weakness.





Day Open High Low Close
4/18/2012 5266.6 5298.2 5208.35 5289.7

Camerilla Levels
Daily Pivot HL5  5381
S3 S2 S1 Pivot R1 R2 R3 HL4 5340
5143 5176 5233 5265 5322 5355 5412 HL3 5315
5 Hr EMA 5 DAvg 5 DEma 13 DEma 21 DEma 34 DEma 55 DEma LL3 5265
5270 5245 5255 5262 5272 5273 5247 LL4 5,240
LL5 5,198
FIBO Retracement table
From To Fall/Rise 23.60% 38.20% 50% 61.80% 73.60% 80%
5379 5184 195 5230 5258 5282 5305 5328 5340
5136 5379 (243) 5322 5286 5258 5229 5200 5185
5499 5136 363 5222 5275 5318 5360 5403 5426
5171 5499 (328) 5422 5374 5335 5296 5258 5237
5630 5136 494 5253 5325 5383 5441 5500 5531

No comments:

Post a Comment