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Index Recommended Levels

Thu, Nov 1 2007, 04:24 GMT
by Nikolajs Serikovs

FXtechtrade  |  View company's profile


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Dow Jones :
Resistance(daily close)
: 13 567.60, 13 668.74 and 13 792.53. Then 13 972.50, 14 045.62, 14 124.38 and 14 225.63. Break of the latter will lead to 14 298.75, 14 414.06, 14 501.28 и 14 578.94.
Support(daily close): 13 395.94, 13 162.60, 13 038.74 and 12 937.40. Then 12 743.40, 12 652.03,  12 506.84, 12 397.40, 12 214.70, 12 116.25, 12 048.05, 11 913.40 и 11 864.53. Break of the latter will lead to 11 694.36, 11 593.13, 11 328.75 и 11 131.87 (published on May 18, 2007).

Today’s support: - 13 771.76(main), where a delay and correction may happen. Break of the latter will give 13 759.00, where correction also can be. Then 13 747.40. Be there a strong impulse, we would see 13 720.77. Continuation will bring 13 691.20.
Today’s resistance: - 13 954.92 and 13 973.22(main), where a a delay and correction may happen.Break would bring 14 000.63, where a correction may happen.Then 14 030.16, where a delay and correction could also be. Be there a strong impulse, we’d see 14 045.63. Continuation would bring 14 073.72.

S&P500

Support: - 1539.84, 1531.40, 1524.37 and 1518.72 (main).
Break will give 1509.70, where correction could be. Then 1503.50, where correction could also be. Be there a strong impulse, we would see 1490.63. Continuation will lead to 1479.38.
Resistance: - 1553.00 and 1558.13(main), where a correction may happen. Break would result in 1569.37, where correction may be. Then 1579.22. Be there a strong impulse, we would see 1597.60. Continuation will lead to 1607.34.

NASDAQ

Support: -
2835.00, 2818.12 and 2806.88 (main), break will give 2784.36, where correction could be. Then 2767.42, where correction could also be. Be there a strong impulse, we would see 2758.10. Continuation will lead to 2745.00.
Resistance: - 2863.11 and 2867.34(main), where a correction may happen. Break would result in 2880.00, where correction may be. Then 2885.27. Be there a strong impulse, we would see 2898.28. Continuation will give 2905.31.

GOLD

Support: -
791.20, 785.30 and 774.95 (main). Break of the latter will give 772.87, where a correction is possible. Then 768.40, where a correction is also possible. Be there a strong impulse, we would see 761.62. Continuation will bring 752.00.
Resistance: - 802.41(main), where a correction may happen.Break would bring 807.75, where a correction may also happen. 811.11. Be there a strong impulse, we’d see 813.66. Continuation would bring 819.00.

SILVER

Support: - 14.28, 14.10 and 14.04(main).
Break of the latter would give 13.92, where correction may happen. Then 13.85, where correction can also be. If a strong impulse, we would see 13.77. Continuation would give 13.68.
Resistance : - 14.59(main), where correction is possible. Break will lead to 14.66, where again may be a correction. Then 14.77. If a strong impulse, we would have 14.92. Continuation would give 15.06 and 15.15.


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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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