Forex and Dow Jones recommended levels Thu, Sep 10 2009

By IBTimes Staff Reporter | September 10 2009 6:30 AM

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).

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Today's support: - 9489.37, 9452.62, 9438.70 and 9414.23(main), where a delay and correction may happen. Break of the latter will give 9385.12, where correction also can be. Then follows 9360.00. Be there a strong impulse, we would see 9345.70. Continuation will bring 9311.30 and 9270.00. Today's resistance: - 9588.80(main), where a delay and correction may happen. Break would bring 9600.06, where a correction may happen. Then follows 9627.11, where a delay and correction could also be. Be there a strong impulse, we'd see 9646.77. Continuation would bring 9672.28 and 9717.37.

S&P500

Support: - 1016.43, 1001.56, 985.46 and 978.72(main). Break will give 965.00, where correction could be. Then follows 959.06, where correction could also be. Be there a strong impulse, we would see 954.84. Continuation will lead to 940.33.Resistance: - 1038.80 and 1040.30(main), where a correction may happen. Break would result in 1046.24, where correction may be. Then 1057.46. Be there a strong impulse, we would see 1073.33. Continuation will lead to 1080.00.

NASDAQ

Support : - 2046.70, 2022.20, 2003.30 and 1980.03(main). Break will give 1955.00, where correction could be. Then follows 1946.26, where correction could also be. Be there a strong impulse. We would see 1935.07. Continuation will lead to 1920.93.Resistance : - 2070.00(main), where a correction may happen. Break would result in 2072.80, where correction may be. Then 2085.45. Be there a strong impulse, we would see 2100.93. Continuation will lead to 2115.90.

GOLD

Support: - 989.45(main). Break of the latter will give 978.72, where a correction is possible. Then 967.50, where a correction is also possible. Be there a strong impulse, we would see 954.20. Continuation will bring 945.00.Resistance: - 1003.43 and 1012.40(main), where a correction may happen. Break would bring 1019.52, 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: - 16.20, 15.92, 15.73 and 15.48(main).where correction is possible. Break of the latter would give 15.27, where correction may happen. Then goes 15.12, where correction can also be. If a strong impulse, we would see 14.94. Continuation would give 14.73. Resistance : - 16.77, 16.91 and 17.10(main), where correction is possible. Break will lead 17.18, where again may be a correction. Then follows 17.40. If a strong impulse, we would have 17.58. Continuation would give 17.77.