Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, June 15, 2012

S&P500 15th June 2012

 Daily Chart

 Sideways action continues.Closed above the blue dotted down trendline which is bullish. The falling wedge breakout which is still valid has a target of 1460.The inverted head and shoulders neckline is at 1335 which will be strong resistance.

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Happy Trading !!
Lakshmi Ramachandran

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