Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, April 11, 2012

S&P500 11th April 2012

 Daily Chart

The 2011 top at 1371 which was broken decisively proved false with the S&P500 falling through it to close at 1358. Support was taken on the uptrendline from 2011  lows at 1075.Holding above this trendline is important for the uptrend to stay alive.

Supports at 1357-1340-1300      Resistance at 1372-1382-1390

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Happy Trading !!
Lakshmi Ramachandran

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