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Index Recommended Levels

Mon, Nov 2 2009, 09:57 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):  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: - 9664.80 and 9628.56(main), where a delay and correction may happen. Break of the latter will give 9605.10, where correction also can be. Then follows 9581.40.  Be there a strong impulse, we would see 9563.17. Continuation will bring  9536.38.
Today’s resistance: - 9820.23 and 9866.22(main), where a delay and correction may happen. Break would bring 9894.30, where a correction may happen. Then follows 9940.42, where a delay and correction could also be. Be there a strong impulse, we’d see 9876.40. Continuation would bring 9990.18.

S&P500

Support: - 1035.00 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: - 1069.20, 1081.40, 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 : - 2025.08(main). Break will give 2014.72, where correction could be. Then follows 2003.30, where correction could also be. Be there a strong impulse. We would see 1987.52. Continuation will lead to 1974.38.
Resistance : - 2075.64, 2089.68, 2113.16 and 2126.25(main), where a correction may happen. Break would result in 2143.13, where correction may be. Then 2162.80. Be there a strong impulse, we would see 2176.88. Continuation will lead to 2181.70.

GOLD


Support: - 1037.71 and 1023.86(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: - 16.16 and 15.94(main).where correction is possible. Break of the latter would give 15.78, where correction may happen. Then  goes 15.57, where correction can also be. If a strong impulse, we would see 15.40. Continuation would give 15.28.
Resistance :  - 16.78 and  and 17.01(main), where correction is possible. Break will lead 17.19, where again may be a correction. Then follows 17.41. If a strong impulse, we would have 17.58. Continuation would give 17.64.


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FXtechtrade  | Riga, Republic of Latvia
http://www.fxtechtrade.com | vilks49@yahoo.com

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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