S&P500 17th July 2012

Daily Chart 

Pulled up the chart with the falling wedge shown in green.The breakout is still valid and higher highs and lows sequence is intact since then.Oscillators are showing strength. 

Resistances  are at 1363-1366-1375 and supports are at 1348-1325-1309.

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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com