Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, February 8, 2012

S&P500 8th February 2012

 Daily Chart

The trade was within the rising wedge forming a hanging man and an Outside day pattern all of which are bearish signs. The overbought markets make the S&P vulnerable to a correction.Keep a tight stop on longs.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: