Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, June 10, 2011

S&P 500 update 10th June, 2011

Daily Chart

 Daily Chart II

Yesterday's candle made a higher low higher high after a six session fall. The candle though was unimpressive closing off the day's highs and recovering just 23.6 % of fall from 1345 to 1277.The close though was below it. The recovery seems to be due to the oversold status and till more evidence of a reversal is seen, the rise is best sold into.

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Happy Trading !!
Lakshmi Ramachandran

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