Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Tuesday, August 16, 2011

S&P500 16th August 2011

Weekly Chart

 Daily Chart

Head and Shoulder  target of 1150 and the fibo target of 1100 achieved in a jiffy. The pullback is at the 38.2% level now. A fall from this level or from 1236 levels would indicate the downtrend is resuming.
Resistance at 1236-1268 and Support at 1100-1010-936.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: