Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, December 21, 2010

S&P 500 update --21st December, 2010

Daily Chart

Another inconclusive day with the range intact, inspite of making a new high at 1250. The candle made a higher high and higher low and took support on the red uptrendline.Trade above 1247 is necessary to avoid falling below this trendline which would then signal short term weakness.

Supports at 1232-1220.

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Happy Trading !!
Lakshmi Ramachandran

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