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Index Recommended Levels

Mon, Oct 26 2009, 05:38 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):  9090.00, 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: - 9941.84 and 9911.25(main), where a delay and correction may happen. Break of the latter will give 9883.13, where correction also can be. Then follows 9851.84.  Be there a strong impulse, we would see 9830.50. Continuation will bring  9804.36, 9781.80 and 9742.44.
Today’s resistance: - 10036.36, 10084.53, 10127.81 and 10144.68(main), where a delay and correction may happen. Break would bring 10172.12, where a correction may happen. Then follows 10195.31, where a delay and correction could also be. Be there a strong impulse, we’d see 10218.16. Continuation would bring 10244.42 and 10264.66.

S&P500

Support: - 1073.00, 1058.54, 1046.17 and 1023.04(main). Break will give 1016.43,  where correction could be. Then follows 1001.56,  where correction could also be. Be there a strong impulse, we would see 985.46. Continuation will lead to 978.72
Resistance: - 1096.87 and 1102.47(main), where a correction may happen. Break would result in 1109.53, where correction may be. Then 1113.75. Be there a strong impulse, we would see 1120.10. Continuation will lead to 1124.60.

NASDAQ

Support : - 2137.20, 2126.20 and  2114.20(main). Break will give 2093.40, where correction could be. Then follows 2070.00, where correction could also be. Be there a strong impulse. We would see 2046.70. Continuation will lead to 2034.84.
Resistance : - 2176.88(main), where a correction may happen. Break would result in 2181.70, where correction may be. Then 2183.40. Be there a strong impulse, we would see 2192.70. Continuation will lead to 2204.19.

GOLD


Support: - 1048.06, 1043.43 and 1035.06(main). Break of the latter will give 1020.00, where a correction is possible. Then 992.90, where a correction is also possible. Be there a strong impulse, we would see 978.72. Continuation will bring 967.50.
Resistance: - 1063.13 and 1075.68(main), where a correction may happen. Break would bring 1081.40, where a correction may also happen. Then follows 1087.43. Be there a strong impulse, we’d see 1096.82. Continuation would bring 1100.40.

SILVER

Support: - 17.41, 17.18 and 16.92(main).where correction is possible. Break of the latter would give 16.76, where correction may happen. Then  goes 16.57, where correction can also be. If a strong impulse, we would see 16.35. Continuation would give 16.18.
Resistance :  - 17.75, 17.90 and  and 18.03(main), where correction is possible. Break will lead 18.27, where again may be a correction. Then follows 18.36. If a strong impulse, we would have 18.52. Continuation would give 18.66.


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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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