Om Sri Ganeshaya Namaha

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

Monday, January 10, 2011

S&P 500 update --10th January 2011


Weekly Chart



Bullish week on good volumes.Oscillators are in overbought zone showing mild negative divergence.


Daily Chart




A sideways move between 1260-1278 in the week gone by. A lower high and lower low candle on friday alongwith negative divergences in the oscillators makes one cautious. Trade light and with proper stops.


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


Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

No comments: