Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, November 28, 2012

S&P500 28th November 2012

Daily Chart

Bearishness of the hanging man was confirmed with a bearish candle indicating fall may continue.  Support from the 50 ema at 1397 and 200 ema at 1376. 1376 is also the 50 % retracement level of the rise from 1343 to 1409.

Fibonacci supporta are at 1393-1383-1376-1368-1358.

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Happy Trading !!

Lakshmi Ramachandran

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