Index Recommended Levels, Feb 3 2010

 @ibtimes on February 03 2010 5:50 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).

Today's support: - 10247.80, 10211.48 and 10168.24(main),where a delay and correction may happen. Break of the latter will give 10155.70, where correction also can be. Then follows 10140.87. Be there a strong impulse, we would see 10119.30. Continuation will bring 10092.25 and 10068.76.

Today's resistance: - 10308.22, 10336.60 and 10350.24(main),where a delay and correction may happen. Break would bring 10374.40, where a correction may happen. Then follows 10728.70, where a delay and correction could also be. Be there a strong impulse, we'd see 10470.94. Continuation would bring 10496.30 and 10527.12.

S&P500

Support: - 1094.40, 1084.60 and 1075.38(main). Break will give 1062.11, where correction could be. Then follows 1056.50, where correction could also be. Be there a strong impulse, we would see 1046.20. Continuation will lead to 1035.80.

Resistance: - 1104.60, 1113.80 and 1129.16(main), where a correction may happen. Break would result in 1142.72, where correction may also be. Then 1147.60. Be there a strong impulse, we would see 1153.13. Continuation will lead to 1158.60.

NASDAQ

Support : - 2177.40 and 2170.20(main). Break will give 2161.71, where correction could be. Then 2148.54, where correction could also be. Be there a strong impulse, we would see 2138.46. Continuation will lead to 2126.22 and 2113.18.

Resistance : - 2196.80(main), where the correction could be. Break will bring 2206.19, where the correction may also happen. Then 2216.28. Be there a strong impulse, we would see 2226.50. Continuation will lead to 2237.53.

GOLD

Support: - 1100.00, 1088.50, 1084.60 and 1075.47(main). Break of the latter will give 1062.11, where a correction is possible. Then 1049.06, where a correction is also possible. Be there a strong impulse, we would see 1035.80. Continuation will bring 1024.44.

Resistance: - 1119.37, 1128.62, 1140.77 and 1147.50(main), where a correction may happen. Break would bring 1154.12, where a correction may also happen. Then follows 1164.36. Be there a strong impulse, we'd see 1175.60. Continuation would bring 1182.27.

SILVER

Support: - 16.30, 16.18 and 16.03(main).where correction is possible. Break of the latter would give 15.86, where correction may happen. Then goes 15.67, where correction can also be. If a strong impulse, we would see 15.55. Continuation would give 15.38.

Resistance : - 16.83, 16.92, 17.18 and 17.31(main), where correction is possible. Break will lead 17.46, where again may be a correction. Then follows 17.64. If a strong impulse, we would have 17.81. Continuation would give 18.03.

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