S&P 500 update --21st April 2011

 Daily Chart

Uncanny how the Inside Day pattern works in the case of the S&P500 ! As pointed out  yesterday , the pattern  led to a huge bullish candle on good volumes with a gap up.The 61.8% level of the fall from 1339 was scaled easily. Resistances now at 1339-1344-1362.




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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com