Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, April 30, 2012

S&P500 30th April 2012

 Weekly Chart

The uptrendline from 1075 held well indicating steam left in the uptrend.oscillators showing signs of moving up again.

Daily Chart

Crossed the 61.8% level at 1397 rather smoothly. Resistance now at 1422 the earlier high registered on 2nd April 2012.If crossed successfully a good 65 points to be made on the upside.

Symmetrical triangle indicates bulls and bears fight for supremacy

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Happy Trading !!
Lakshmi Ramachandran

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