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Index Recommended Levels

Mon, Jul 6 2009, 03:19 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):  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: - 8280.23 and 8247.22(main), where a delay and correction may happen. Break of the latter will give 8224.00, where correction also can be. Then follows 8185.78.  Be there a strong impulse, we would see 8148.62. Continuation will bring  8118.50 and 8100.00.
Today’s resistance: - 8376.18, 8417.22 and 8462.80(main), where a delay and correction may happen. Break would bring 8503.10, where a correction may happen. Then follows 8538.70, where a delay and correction could also be. Be there a strong impulse, we’d see 8551.50. Continuation would bring 8562.26.

S&P500

Support: - 894.37(main). Break will give 888.75 where correction could be. Then follows 873.28, where correction could also be. Be there a strong impulse, we would see 860.60. Continuation will lead to 855.00.
Resistance: - 906.38, 914.30 and 929.54(main), where a correction may happen. Break would result in 938.37, where correction may be. Then 948.90. Be there a strong impulse, we would see 959.06. Continuation will lead to 972.75.

NASDAQ

Support : - 1788.72 and 1771.88(main). Break will give 1756.30, where correction could be. Then follows 1743.75, where correction could also be. Be there a strong impulse. We would see 1732.10. Continuation will lead to 1718.43.
Resistance : - 1833.75, 1859.06, 1867.53 and 1873.13(main), where a correction may happen. Break would result in 1884.40, where correction may be. Then 1908.58. Be there a strong impulse, we would see 1922.60. Continuation will lead to 1935.18.

GOLD


Support: - 922.50(main). Break of the latter will give 910.13, where a correction is possible. Then 908.00, where a correction is also possible. Be there a strong impulse, we would see 896.18 Continuation will bring 908.00.
Resistance: - 940.30, 947.81, 967.10 and 998.46(main), where a correction may happen. Break would bring 1012.40, where a correction may also happen. Then follows 1023.70. Be there a strong impulse, we’d see 1036.40. Continuation would bring 1057.50.

SILVER

Support: - 13.20(main).where correction is possible. Break of the latter would give 13.17, where correction may happen. Then goes 12.94, where correction can also be. If a strong impulse, we would see 12.75. Continuation would give 12.58.
Resistance :  - 13.47, 13.60 and 13.87(main), where correction is possible. Break will lead 14.04, where again may be a correction. Then follows 14.22. If a strong impulse, we would have 14.38. Continuation would give 14.77.


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FXtechtrade  | Riga, Republic of Latvia
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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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