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Index Recommended Levels

Thu, Jul 3 2008, 08:30 GMT
by Nikolajs Serikovs

FXtechtrade


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 and 11 864.53. Break of the latter will lead to 11 694.36, 11 593.13, 11 328.75 and 11 131.87 (published on May 18, 2007).

Today’s support: - 11 296.40,  11 272.54 and 11 244.37(main), where a delay and correction may happen. Break of the latter will give 11 218.00, where correction also can be. Then follows 11 193.72. Be there a strong impulse, we would see 11 162.60. Continuation will bring  11 138.20.
Today’s resistance: - 11 418.80 and 11 441.26(main), where a delay and correction may happen. Break would bring 11 463.66, where a correction may happen. Then follows 11 497.50, where a delay and correction could also be. Be there a strong impulse, we’d see 11 522.77. Continuation would bring 11 565.00 and 11 621.20.

S&P500

Support: - 1260.00(main).
Break will give 1248.83, where correction could be. Then follows 1226.30, where correction could also be. Be there a strong impulse, we would see 1214.30. Continuation will lead to 1206.56, 1186.86 and 1172.11.
Resistance: -  1276.88 and 1293.76(main), where a correction may happen. Break would result in 1305.00, where correction may be. Then 1319.06. Be there a strong impulse, we would see 1327.50. Continuation will lead to 1338.77.

NASDAQ

Support: - 2237.34 and 2221.88 (main),
break will give 2208.00, where correction could be. Then follows 2193.75, where correction could also be. Be there a strong impulse, we would see 2176.80. Continuation will lead to 21164.22.
Resistance: - 2289.37 and 2297.82 (main), where a correction may happen. Break would result in 2315.00, where correction may be. Then 2329.70. Be there a strong impulse, we would see 2342.80. Continuation will give 2351.25 and 2368.13.

GOLD

Support: - 933.75 and 926.72(main).
Break of the latter will give 922.40, where a correction is possible. Then 917.90, where a correction is also possible. Be there a strong impulse, we would see 905.62. Continuation will bring 897.20.
Resistance: - 950.63 and 961.85(main), where a correction may happen. Break would bring 967.47, where a correction may also happen. Then follows 973.14. Be there a strong impulse, we’d see 981.56. Continuation would bring 990.00.

SILVER

Support: -  17.97, 17.80 and 17.71(main).
Break of the latter would give 17.56,  where correction may happen. Then  goes 17.42, where correction can also be. If a strong impulse, we would see 17.25. Continuation would give 17.19 and 17.01.
Resistance :  - 18.40 and 18.54(main), where correction is possible. Break will lead to 18.63, where again may be a correction. Then  follows 18.82. If a strong impulse, we would have 18.98. Continuation would give 19.07.


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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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