Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, March 30, 2011

S&P 500 update --30th March 2011

Daily Chart

A bullish engulfing candle but making a new low which makes one skeptical about a followup.The 1319 -1320 level is resistance since the last three trading sessions. This makes it important to be crossed for  further upmoves.Support at 1305 on the green trendline which could be the short term trend decider.

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Happy Trading !!
Lakshmi Ramachandran

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