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Index Recommended Levels

Fri, May 15 2009, 08:50 GMT
by Nikolajs Serikovs

FXtechtrade  |  View company's profile


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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):  8912.62, 8827.27, 8642.60, 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 6484.22 (published on October 21, 2008).

Today’s support: - 8280.00, 8251.76 and 8223.82(main), where a delay and correction may happen. Break of the latter will give 8201.23, where correction also can be. Then follows 8175.94.  Be there a strong impulse, we would see 8146.40. Continuation will bring  8121.09 and 8100.00.
Today’s resistance: - 8358.33 and 8375.60(main), where a delay and correction may happen. Break would bring 8412.18, where a correction may happen. Then follows 8437.50, where a delay and correction could also be. Be there a strong impulse, we’d see 8462.80. Continuation would bring 8476.88 and 8504.37.

S&P500

Support: - 874.65( (main). Break will give 860.60, where correction could be. Then follows 852.70, where correction could also be. Be there a strong impulse, we would see 843.20. Continuation will lead to 831.10.
Resistance: - 900.00, 923.30, 936.56 and 945.00(main), where a correction may happen. Break would result in 961.80, where correction may be. Then 978.40. Be there a strong impulse, we would see 988.20. Continuation will lead to 997.02.

NASDAQ

Support : - 1665.00(main). Break will give 1635.90, where correction could be. Then follows 1618.18, where correction could also be. Be there a strong impulse. We would see 1594.68. Continuation will lead to 1570.60.
Resistance : - 1710.12, 1735.10, 1744.75 and 1758.80(main), where a correction may happen. Break would result in 1771.87, where correction may be. Then 1784.13. Be there a strong impulse, we would see 1796.20. Continuation will lead to 1807.40.

GOLD

Support: - 918.88 and 910.00(main). Break of the latter will give 908.00, where a correction is possible. Then 897.20, where a correction is also possible. Be there a strong impulse, we would see 894.20. Continuation will bring 882.00.
Resistance: - 930.94(main), where a correction may happen. Break would bring 936.56, where a correction may also happen. Then follows 945.00. Be there a strong impulse, we’d see 952.02. Continuation would bring 961.87.

SILVER

Support: - 13.77, 13.60 and 13.32(main). Break of the latter would give 13.14, where correction may happen. Then  goes 13.03, where correction can also be. If a strong impulse, we would see 12.96. Continuation would give 12.60.
Resistance :  - 14.43 and 14.58(main), where correction is possible. Break will lead to 14.72, where again may be a correction. Then  follows 14.97. If a strong impulse, we would have 15.12. Continuation would give 15.28.

Published on  Fri, May 15 2009, 08:53 GMT


FXtechtrade http://www.fxtechtrade.com | vilks49@yahoo.com

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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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