Tuesday, August 3, 2010

Index Recommended Levels

Dow Jones :
Resistance(daily close)
: 9382.12, 9744.26, 10 091.30, 10 935.23, 11 164.57, 344.92 and 11 520.30. Then 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50 and 13 320.00. Break of the latter will lead to 13 567.60, 13 668.74 and 13 792.53 (published on October 21, 2008).
Support (daily close): 9630.33 and 9358.35(main), 9090.00, 8912.62 (published on November 10, 2009).

Today’s support: - 10608.14 and 10573.32(main), where a delay and correction may happen. Break of the latter will give 10528.37, where correction also can be. Then follows 10485.00. Be there a strong impulse, we shall see 10445.63. Continuation will bring 10417.50 and 10378.13.
Today’s resistance: - 10682.86 and 10707.38(main), where a delay and correction may happen. Break would bring 10726.87, where a correction may happen. Then follows 10753.22, where a delay and correction could also be. Be there a strong impulse, we’d see 10787.76. Continuation would bring 10802.82.

S&P500

Support: - 1102.50, 1093.64, 1080.00 and 1063.13( main). Break will give 1058.68, where correction could be. Then follows 1051.90, where correction could also be. Be there a strong impulse, we would see 1047.22. Continuation will lead to 1038.63.
Resistance: - 1128.23(main), where a correction may happen. Break would result in 1138.08, where correction may also be. Then 1147.46. Be there a strong impulse, we would see 1153.12. Continuation will lead to 1157.47.

NASDAQ

Support : - 2271.50, 2263.33, 2238.80 and 2226.50(main). Break will give 2217.30, where correction could be. Then 2210.62, where correction could also be. Be there a strong impulse, we would see 2205.18. Continuation will lead to 2194.36.
Resistance : - 2295.00(main), where the correction could be. Break will bring 2314.68, where the correction may also happen. Then 2325.45. Be there a strong impulse, we would see 2340.09. Continuation will lead to 2354.14.

GOLD


Support: - 1167.30, 1558.80 and 1152.12(main). Break of the latter will give 1144.46, where a correction is possible. Then 1137.25, where a correction is also possible. Be there a strong impulse, we would see 1131.70. Continuation will bring 1126.41.
Resistance: - 1192.50(main), where a correction may happen. Break would bring 1198.13, where a correction may also happen. Then follows 1203.80. Be there a strong impulse, we’d see 1215.00. Continuation would bring 122263.

SILVER

Support: - 18.17 and 17.96(main).where correction is possible. Break of the latter would give 17.82, where correction may happen. Then goes 17.73, where correction can also be. If a strong impulse, we would see 17.55. Continuation would give 17.30 and 17.19.
Resistance : - 18.54 and 18.63(main), where correction is possible. Break will lead 18.81, where again may be a correction. Then follows 18.97. If a strong impulse, we would have 19.16. Continuation would give 19.35.

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