Om Sri Ganeshaya Namaha

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

Wednesday, February 1, 2012

S&P500 1st January 2012



 Daily Chart



 Hesitation at the strong resistance from the downtrendline from 1370 as shown by the six small bodied candles.Since the uptrend is already a month old chances of a correction are more.The overbought oscillators and break down from the red rising wedge support this view.





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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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