Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Monday, April 15, 2013

S&P500 15th April 2013

Weekly Chart 


The S&P500 is giving a good lesson on "Let your profits run ".

Have drawn a red uptrending channel which has resistance at 1633. Like I had mentioned earlier such runs are best played with  trailing stops. 

Stop loss at minor swing low of 1639 would be prudent.

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Happy Trading !!

Lakshmi Ramachandran

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