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Index Recommended Levels

Mon, Oct 13 2008, 03:58 GMT
by Nikolajs Serikovs

FXtechtrade


Dow Jones :
Resistance(daily close)
: 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 10, 2008).
Support(daily close): 8403.77, 8257.46, 8100.00 and 7920.08. Then 7695.13, 7464.38, 7290.20 and 7177.50. Break of the latter will lead to 7020.34, 6817.50, 6783.72, 6660.11 and 6484.2220 (published on October 10, 2008).

Today’s support: - 8100.00, 7998.72 and 7920.10 (main), where a delay and correction may happen. Break of the latter will give 7832.77, where correction also can be. Then follows 7740.00. Be there a strong impulse, we would see 7683.80. Continuation will bring  7644.38, 7593.72 and 7560.23.
Today’s resistance: - 8640.37, 8732.10 and 8815.78 (main), where a delay and correction may happen. Break would bring 8911.17, where a correction may happen. Then follows 8955.00, where a delay and correction could also be. Be there a strong impulse, we’d see 9005.63. Continuation would bring 9044.32 and 9112.42.

S&P500

Support: - 877.50(main). Break will give 871.17, where correction could be. Then follows 866.40, where correction could also be. Be there a strong impulse, we would see 832.50. Continuation will lead to 811.33.
Resistance: - 950.63 and 990.00(main), where a correction may happen. Break would result in 1012.46, where correction may be. Then 1023.75. Be there a strong impulse, we would see 1037.81. Continuation will lead to 1040.63.

NASDAQ

Support: - 1620.36main), break will give 1603.13, where correction could be. Then follows 1591.87, where correction could also be. Be there a strong impulse, we would see 1580.60. Continuation will lead to 1569.38 and 1530.04.
Resistance: - 1687.80 and 1721.30(main), where a correction may happen. Break would result in 1757.50, where correction may be. Then 1783.13. Be there a strong impulse, we would see 1805.56. Continuation will give 1822.47.

GOLD

Support: - 832.50(main). Break of the latter will give 822.30, where a correction is possible. Then 810.00, where a correction is also possible. Be there a strong impulse, we would see 804.38. Continuation will bring 798.75.
Resistance: - 888.80, 905.70 and 928.10(main), where a correction may happen. Break would bring 936.56, where a correction may also happen. Then follows 945.68. Be there a strong impulse, we’d see 961.87. Continuation would bring 974.52.

SILVER

Support: - 9.36 and 9.09(main). Break of the latter would give 8.93,  where correction may happen. Then  goes 8.82, where correction can also be. If a strong impulse, we would see 8.66. Continuation would give 8.52 and 8.28
Resistance :  - 10.54 and 10.70(main), where correction is possible. Break will lead to 10.88, where again may be a correction. Then  follows 11.00. If a strong impulse, we would have 11.18. Continuation would give 11.32.


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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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