Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, October 25, 2012

S&P500 25th October 2012

Daily Chart 

A little pullback which could not sustain and finally gave in to the bears.Macd has moved to the negative zone indicating weakness. 
Resistance now at the 50 dema at 1427 and support at the 200 deam at 1372.Between these two important emas are supports at 1396 and 1383.


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Happy Trading !!

Lakshmi Ramachandran

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