Support @ 1339-1347. 

Strong Support @ 1292.

S&P500 made Double bottom formation on 1357-1358.

and already crossed middle top on closing basis – trend up .

Hurdle @ 1431.

If Crosses 1431 then watch all time high very soon.   June – Nov2012.

Note:

IF S&P500 comes to 1292 then also stock will not break their support level which shows Medium and long  Trend is highly bullish

2 responses to “S&P500”

  1. Vijay Avatar
    Vijay

    hi, tomorrow v hav special trading.
    can update the levels plz.
    v missed ur levels today.

  2. smit Avatar
    smit

    Agree with u in this point os S&P… even i remember that dowjones made all time high previously was on oct-dec 2007 & then asian stock markets including sensex made high on jan 2008…so my gut feeling says tht “if dowjones makes new highs in oct-dec 2012” then sensex will also follow it & will make new high….even u told tht nifty 5112 it might touch & it get bottom out and it goes up up & up !!!

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