Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, March 28, 2011

S&P 500 update --28th March 2011

Weekly Chart

 Daily Chart

Close above the 61.8% retracement level of the fall till 1249 breaking out of the green downtrendline shown on daily charts.This is encouraging and 1333-1344 could be attempted. This downtrendline is yet to be broken on weekly charts with resistance at 1312 for the week.

Resistance at 1333 and support at 1305.

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Happy Trading !!
Lakshmi Ramachandran

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