Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/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

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