Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, May 4, 2012

S&P500 4th May 2012

Daily Chart

The down leg continued today showing more weakness by breaking below the uptrendline from 1075 lows.Fall was on increased volumes.Supports now at 1378-1365-1357.
1340 should be good support being the 23.6% fibo  retracement level  and  the low made in March 2012.

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Happy Trading !!
Lakshmi Ramachandran

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