Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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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.

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Happy Trading !!
Lakshmi Ramachandran

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