Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, September 16, 2011

S&P500 16th September 2011

 Daily Chart

Bulls were successful in crossing yesterday's resistance at 1204.They need to gather good momentum to scale the resistance line of the bear flag at 1237 where the 50% fibo level too threatens.Bears have a camp at 1218 where the the 50 dema stands.

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Happy Trading !!
Lakshmi Ramachandran

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