Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, December 15, 2010

S&P 500 update --15th December 2010

Daily Chart

So it was a doji showing indecision.  The highs were not crossed. The lows were crossed  intra day and moved below the short term uptrendline from 1174 . Till the highs of 1247 is crossed decisively the trend is sideways or down in the short term, with supports at  1220-1200.

Happy Trading !!
Lakshmi Ramachandran

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