Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, March 26, 2012

S&P500 26th March 2012



 Weekly Chart


The higher high higher low candle continued inspite of negative divergences developing on weekly charts.The candle formed however indicates indecision and there may be a pause in the uptrend.So long as 1371 is not broken chances of testing 1550 and above is possible as shown below.


 Weekly Chart



 Daily Chart



 Daily charts show a pause in the ongoing correction. Good supports at 1377-1340.



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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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