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Index Recommended Levels

Fri, Nov 20 2009, 05:58 GMT
by Nikolajs Serikovs

FXtechtrade


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: - 10358.43(main), where a delay and correction may happen. Break of the latter will give 10327.50, where correction also can be. Then follows 10292.72.  Be there a strong impulse, we would see 10272.34. Continuation will bring 10255.78.
Today’s resistance: - 10458.03 and 10486.40(main), where a delay and correction may happen. Break would bring 10528.42, where a correction may happen. Then follows 10552.47, where a delay and correction could also be. Be there a strong impulse, we’d see 10575.12. Continuation would bring 10601.71 and 10620.00.

S&P500

Support: - 1090.20, 1085.63, 1082.84 and 1074.37(main). Break will give 1058.53,  where correction could be. Then follows 1051.59,  where correction could also be. Be there a strong impulse, we would see 1035.00. Continuation will lead to 1023.04.
Resistance: - 1108.13 and 1114.76(main), where a correction may happen. Break would result in 1123.24, where correction may be. Then 1130.52. Be there a strong impulse, we would see 1138.06. Continuation will lead to 1146.68.

NASDAQ

Support : - 2134.20(main). Break will give 2124.43, where correction could be. Then follows 2115.06, where correction could also be. Be there a strong impulse. We would see 2098.13. Continuation will lead to 2086.87.
Resistance : - 2178.88, 2196.40 and 2210.63(main), where a correction may happen. Break would result in 2216.24, where correction may be. Then 2227.20. Be there a strong impulse, we would see 2236.71. Continuation will lead to 2245.78.

GOLD


Support: - 1125.00, 1113.72, 1108.46 and 1096.87(main). Break of the latter will give 1089.44, where a correction is possible. Then 1082.81, where a correction is also possible. Be there a strong impulse, we would see 1074.38. Continuation will bring 1068.70.
Resistance: - 1150.31(main), where a correction may happen. Break would bring 1163.32, where a correction may also happen. Then follows 1170.36. Be there a strong impulse, we’d see 1177.60. Continuation would bring 1189.58.

SILVER

Support: - 18.32, 18.00 and 17.70 (main).where correction is possible. Break of the latter would give 17.56, where correction may happen. Then  goes 17.38, where correction can also be. If a strong impulse, we would see 17.18. Continuation would give 17.01.
Resistance :  - 18.72, 18.84 and 18.97(main), where correction is possible. Break will lead 19.11, where again may be a correction. Then follows 19.25. If a strong impulse, we would have 19.32. Continuation would give 19.44.

FXtechtrade  | Riga, Republic of Latvia
http://www.fxtechtrade.com | vilks49@yahoo.com

Legal disclaimer and risk disclosure

Any information presented by Nikolajs Serikovs at this very website should be in no way understood as an offer, promise or guarantee for receiving a profit or avoiding the losses. Stated here levels of support and resistance must not be construed as an investment advice or endorsement for any financial instrument. There exists no guarantee that the market would behave in accordance with the information stated here Prepared in Republic of Latvia for the worldwide distribution.

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