Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, February 3, 2012

S&P500 3rd February 2012

 Daily Chart

An Inside day pattern was formed showing indecision.With the technicals showing an  overbought poisition it is clearly the bulls who are indecisive.But since this is a liquidity driven rally 'new' bulls could drive up the market.The best way to play it out is with trailing stops.Take your pick from the levels marked on the charts as per your risk appetite.

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Happy Trading !!
Lakshmi Ramachandran

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