Om Sri Ganeshaya Namaha

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

Monday, November 19, 2012

S&P500 19th November 2012



Weekly Chart 




Daily Chart





 Weekly shows a decisive break from the rising wedge which shows more bearishness to come.
Daily charts show an Outside Day pattern which could be a sign of a short term reversal.A pullback is due too after the sharp fall. Immediate resistances would be 1365, pointed out on the chart and 1375 which is the 200 day ema.



follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

No comments: