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Index Recommended Levels

Fri, Nov 6 2009, 09:46 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: - 9934.00 and 9911.26(main), where a delay and correction may happen. Break of the latter will give 9889.65, where correction also can be. Then follows 9856.12.  Be there a strong impulse, we would see 9832.50. Continuation will bring  9807.14.
Today’s resistance: - 10007.88 and 10046.26(main), where a delay and correction may happen. Break would bring 10068.35, where a correction may happen. Then follows 10082.77, where a delay and correction could also be. Be there a strong impulse, we’d see 10102.44. Continuation would bring 10128.22.

S&P500

Support: - 1051.59, 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(main), where a correction may happen. Break would result in 1081.40, where correction may be. Then 1096.87. Be there a strong impulse, we would see 1102.47. Continuation will lead to 1109.53.

NASDAQ

Support : - 2081.30, 2062.56, 2041.82 and 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 : - 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: - 1082.81, 1074.38 and 1068.70(main). Break of the latter will give 1051.80, where a correction is possible. Then 1037.71, where a correction is also possible. Be there a strong impulse, we would see 1023.86. Continuation will bring 1020.00.
Resistance: - 1102.50(main), where a correction may happen. Break would bring 1113.67, where a correction may also happen. Then follows 1127.60. Be there a strong impulse, we’d see 1135.20. Continuation would bring 1150.31.

SILVER

Support: - 17.12 (main).where correction is possible. Break of the latter would give 16.92, where correction may happen. Then  goes 16.55, where correction can also be. If a strong impulse, we would see 16.16. Continuation would give 15.94.
Resistance :  - 17.58(main), where correction is possible. Break will lead 17.64, where again may be a correction. Then follows 17.70. If a strong impulse, we would have 17.77. Continuation would give 17.81.


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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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