Index Recommended Levels, August 9th 2010

By IBTimes Staff Reporter | August 09 2010 9:37 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: - 10620.18, 10608.14 and 10573.32(main), where a delay and correction may happen. Break of the latter will give 10528.37, where correction also can be. Then follows 10485.00. Be there a strong impulse, we shall see 10445.63. Continuation will bring 10417.50 and 10378.13. Today's resistance: - 10682.86 and 10707.38(main), where a delay and correction may happen. Break would bring 10726.87, where a correction may happen. Then follows 10753.22, where a delay and correction could also be. Be there a strong impulse, we'd see 10787.76. Continuation would bring 10802.82.

S&P500 Support: - 1113.63 and 1102.50( main). Break will give 1093.64, where correction could be. Then follows 1080.00, where correction could also be. Be there a strong impulse, we would see 1063.13. Continuation will lead to 1058.68.Resistance: - 1128.23(main), where a correction may happen. Break would result in 1138.08, where correction may also be. Then 1147.46. Be there a strong impulse, we would see 1153.12. Continuation will lead to 1157.47.

NASDAQSupport : - 2271.50(main). Break will give 2263.33, where correction could be. Then 2238.80, where correction could also be. Be there a strong impulse, we would see 2226.50. Continuation will lead to 2217.30.Resistance : - 2300.52(main), where the correction could be. Break will bring 2314.68, where the correction may also happen. Then 2325.45. Be there a strong impulse, we would see 2340.09. Continuation will lead to 2354.14.

GOLD Support: - 1197.46, 1192.50, 1187.41 and 1180.22(main). Break of the latter will give 1167.30, where a correction is possible. Then 1158.80, where a correction is also possible. Be there a strong impulse, we would see 1152.12. Continuation will bring 1144.46.Resistance: - 1215.00(main), where a correction may happen. Break would bring 1220.35, where a correction may also happen. Then follows 1226.24. Be there a strong impulse, we'd see 1232.30. Continuation would bring 1237.46.

SILVER Support: - 18.17 and 17.96(main).where correction is possible. Break of the latter would give 17.82, where correction may happen. Then goes 17.73, where correction can also be. If a strong impulse, we would see 17.55. Continuation would give 17.30 and 17.19. Resistance : - 18.63 and 18.71(main), where correction is possible. Break will lead 18.81, where again may be a correction. Then follows 18.97. If a strong impulse, we would have 19.16. Continuation would give 19.35.