Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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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.


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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