Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, April 20, 2011

S&P 500 update --20th April 2011

Daily Chart

An Inside day indicating a bottom may have been made at 1294, as has been proved on several occasions when the pattern has appeared. The channel resisatnce is at 1314. The lower high of 1322 needs to be crossed to change the negative bias.A downtrend  and double top will be confirmed if 1249 is broken.

Meanwhile, trade light. 

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Happy Trading !!
Lakshmi Ramachandran

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