Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Tuesday, August 16, 2011

S&P500 16th August 2011



Weekly Chart


 Daily Chart




Head and Shoulder  target of 1150 and the fibo target of 1100 achieved in a jiffy. The pullback is at the 38.2% level now. A fall from this level or from 1236 levels would indicate the downtrend is resuming.
Resistance at 1236-1268 and Support at 1100-1010-936.



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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