Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, February 10, 2011

S&P 500 Update 10th February 2011

Daily Chart

A lower top lower bottom candle , very nearly a hanging man which is bearish inspite of a long lower shadow.
The support line of the tiny rising wedge from 1276 lows was broken intraday and today's trading needs to stay above 1324 to keep above it. Looks like some reaction should come in unless we are in for a surprise again.

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Happy Trading !!
Lakshmi Ramachandran

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