Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Monday, August 27, 2012

S&P500 27th August 2012



Weekly Chart 




 
Daily Chart 




 Trend continues to be up though the uptrendline from 1329 lows made end of July has been broken turning the bias negative.Uptrendline from June lows has support at 1376 for the week and one could be safely long till this line is broken.
Negative divergence on weekly charts indicate some more pullback.





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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

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