Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Monday, March 26, 2012

S&P500 26th March 2012

 Weekly Chart

The higher high higher low candle continued inspite of negative divergences developing on weekly charts.The candle formed however indicates indecision and there may be a pause in the uptrend.So long as 1371 is not broken chances of testing 1550 and above is possible as shown below.

 Weekly Chart

 Daily Chart

 Daily charts show a pause in the ongoing correction. Good supports at 1377-1340.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: