Index Recommended Levels

By IBTimes Staff Reporter | December 10 2009 6:41 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): 9630.33 and 9358.35(main), 9090.00, 8912.62 (published on November 10, 2009).

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Today's support: - 10240.14(main), where a delay and correction may happen. Break of the latter will give 10217.63, where correction also can be. Then follows 10196.50. Be there a strong impulse, we would see 10182.40. Continuation will bring 10172.12. Today's resistance: - 10329.40, 10395.16 and 10440.23(main), where a delay and correction may happen. Break would bring 10553.00, where a correction may happen. Then follows 10528.42, where a delay and correction could also be. Be there a strong impulse, we'd see 10553.00. Continuation would bring 10585.20.

S&P500

Support: - 1085.63(main). Break will give 1082.84, where correction could be. Then follows 1074.37, where correction could also be. Be there a strong impulse, we would see 1063.13. Continuation will lead to 1058.53. Resistance: - 1106.17, 1113.60 and 1119.38(main), where a correction may happen. Break would result in 1123.24, where correction may be. Then 1130.52. Be there a strong impulse, we would see 1138.06. Continuation will lead to 1146.68.

NASDAQ

Support : - 2154.33, 2136.50 and 2112.16(main). Break will give 2098.13, where correction could be. Then follows 2086.87, where correction could also be. Be there a strong impulse. We would see 2073.54. Continuation will lead to 2053.09. Resistance : - 2184.50, 2199.37 and 2207.00(main), where a correction may happen. Break would result in 2210.63, where correction may be. Then 2216.24. Be there a strong impulse, we would see 2227.44. Continuation will lead to 2236.93.

GOLD

Support: - 1123.18(main). Break of the latter will give 1116.57, where a correction is possible. Then 1110.94, where a correction is also possible. Be there a strong impulse, we would see 1103.43. Continuation will bring 1092.20. Resistance: - 1148.25, 1164.36 and 1175.60(main), where a correction may happen. Break would bring 1192.40, where a correction may also happen. Then follows 1192.50. Be there a strong impulse, we'd see 1203.76. Continuation would bring 1215.18.

SILVER

Support: - 16.96(main).where correction is possible. Break of the latter would give 16.77, where correction may happen. Then goes 16.55, where correction can also be. If a strong impulse, we would see 16.40. Continuation would give 16.22. Resistance : - 17.66 and 17.83(main), where correction is possible. Break will lead 18.05, where again may be a correction. Then follows 18.21. If a strong impulse, we would have 18.44. Continuation would give 18.63 and 18.90.