Index Recommended Levels, Feb 10 2010

By IBTimes Staff Reporter | February 10 2010 6:56 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: - 9990.08, 9972.42 and 9940.36(main), where a delay and correction may happen. Break of the latter will give 9900.00, where correction also can be. Then follows 9871.82. Be there a strong impulse, we would see 9854.30. Continuation will bring 9821.41. Today's resistance: - 10125.16, 10147.50 and 10174.44(main), where a delay and correction may happen. Break would bring 10198.13, where a correction may happen. Then follows 10221.20, where a delay and correction could also be. Be there a strong impulse, we'd see 10248.70. Continuation would bring 10261.03.

S&P500 Support: - 1056.10 and 1041.63(main). Break will give 1035.80, where correction could be. Then follows 1024.56, where correction could also be. Be there a strong impulse, we would see 1013.50. Continuation will lead to 1001.22. Resistance: - 1068.75(main), where a correction may happen. Break would result in 1073.37, where correction may also be. Then 1081.40. Be there a strong impulse, we would see 1096.87. Continuation will lead to 1104.60.

NASDAQ Support : - 2126.30, 2112.19 and 2095.31(main). Break will give 2095.31, where correction could be. Then 2086.80, where correction could also be. Be there a strong impulse, we would see 2072.63. Continuation will lead to 2061.57 and 2045.50. Resistance : - 2158.19(main), where the correction could be. Break will bring 2165.62, where the correction may also happen. Then 2174.85. Be there a strong impulse, we would see 2182.38. Continuation will lead to 2196.80.

GOLD Support: - 1057.46 and 1049.06(main). Break of the latter will give 1035.80, where a correction is possible. Then 1024.44, where a correction is also possible. Be there a strong impulse, we would see 1011.50. Continuation will bring 998.42. Resistance: - 1077.37, 1091.26, 1119.37 and 1128.62(main), where a correction may happen. Break would bring 1140.77, where a correction may also happen. Then follows 1147.50. Be there a strong impulse, we'd see 1154.12. Continuation would bring 1164.36.

SILVER Support: - 14.90 and 14.76(main).where correction is possible. Break of the latter would give 14.57, where correction may happen. Then goes 14.43, where correction can also be. If a strong impulse, we would see 14.25. Continuation would give 13.97. Resistance : - 15.39, 15.60 and 15.84(main), where correction is possible. Break will lead 16.27, where again may be a correction. Then follows 16.50. If a strong impulse, we would have 16.83. Continuation would give 16.92.