Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, October 18, 2012

S&P500 18th October 2012

Daily Chart 

 Positive moves by the S&P500.Closed above the trendline joining tops since 2011 and the 61.8% retracement of fall from 1475 to 1425 which was mentioned as strong resistance yesterday.Chances of taking out the highs of  1475 is high.

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Happy Trading !!

Lakshmi Ramachandran

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