Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, June 23, 2011

S&P 500 update 23rd June, 2011

Daily Chart

The first reaction to the rally from 1258.The rally  will be strong if bounces from 38.2% fibo level (rise from 1258 to 1298) at 1283 levels. Strong support at 50% level at 1278 which is also the low of 21st June. 61.8% at 1273.
200 dema at 1263. 50 dema resistance at 1307.

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Happy Trading !!
Lakshmi Ramachandran

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