Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, January 27, 2012

S&P500 27th January 2012

 Daily Chart

A down day which kept with the higher high higher low of the uptrend.The rising wedge has support at 1318 and reistance at 1334 which is also the high made yesterday.Oscillators overbought and moving down from overbought region.The S&P500 is vulnerable to a correction.

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Happy Trading !!
Lakshmi Ramachandran

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