Index Recommended Levels

By IBTimes Staff Reporter | January 07 2010 1:34 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: - 10545.86 and 10515.70(main), where a delay and correction may happen. Break of the latter will give 10496.30, where correction also can be. Then follows 10459.50. Be there a strong impulse, we would see 10418.13. Continuation will bring 10395.00. Today's resistance: - 10618.80 and 10643.40(main), where a delay and correction may happen. Break would bring 10666.11, where a correction may happen. Then follows 10690.50, where a delay and correction could also be. Be there a strong impulse, we'd see 10713.15. Continuation would bring 10731.20 and 10754.65.

S&P500 Support: - 1128.80 and 1121.56(main). Break will give 1113.60, where correction could be. Then follows 1103.40, where correction could also be. Be there a strong impulse, we would see 1096.85. Continuation will lead to 1085.63. Resistance: - 1141.77(main), where a correction may happen. Break would result in 1147.82, where correction may also be. Then 1158.60. Be there a strong impulse, we would see 1163.37. Continuation will lead to 1176.54.

NASDAQ Support : - 2279.60, 2272.30 and 2253.60(main). Break will give 2239.00, where correction could be. Then 2227.50, where correction could also be. Be there a strong impulse, we would see 2202.10. Continuation will lead to 2188.13 and 2170.20. Resistance : - 2312.77 and 2317.47(main), where the correction could be. Break will bring 2326.75, where the correction may also happen. Then 2335.38. Be there a strong impulse, we would see 2345.30. Continuation will lead to 2356.74.

GOLD Support: - 1117.97, 1113.80, 1094.07 and 1088.44(main). Break of the latter will give 1081.80, where a correction is possible. Then 1075.40, where a correction is also possible. Be there a strong impulse, we would see 1062.11. Continuation will bring 1054.50. Resistance: - 1136.17(main), where a correction may happen. Break would bring 1142.30, where a correction may also happen. Then follows 1148.25. Be there a strong impulse, we'd see 1164.36. Continuation would bring 1175.60.

SILVER Support: - 17.64(main).where correction is possible. Break of the latter would give 17.40, where correction may happen. Then goes 17.26, where correction can also be. If a strong impulse, we would see 16.77. Continuation would give 16.55. Resistance : - 18.36(main), where correction is possible. Break will lead 18.44, where again may be a correction. Then follows 18.63. If a strong impulse, we would have 18.78. Continuation would give 18.93.