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BUY S&P ON DIPS TILL IT HOLD 1310 Levels

S&P extended gains last Friday after better than expected JOB report ,now its in upper band of Rising Wedge Pattern ,Buying dip and staying with trend is good strategy till it hold 1310 levels.50 and 200 DMA's are at much lower levels so S&P will give time for them to do catch up.

Greece’s efforts to secure a second, €130 billion international bailout and avoid a default next month stalled on Sunday is a bearish news for start of Monday trades.Main Funding country Germany's Majority feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday.

See charts of S&P in FAN PAGE



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