Wednesday, April 1, 2009

Daily US Index Analysis

Index Recommended Levels
by Nikolajs Serikovs
Dow Jones :
Today’s support: - 7425.00, 7412.80 and 7391.22(main), where a delay and correction may happen. Break of the latter will give 7368.72, where correction also can be. Then follows 7336.36. Be there a strong impulse, we would see 7311.40. Continuation will bring 7292.10 and 7268.30.
Today’s resistance: - 7618.70(main), where a delay and correction may happen. Break would bring 7647.19, where a correction may happen. Then follows 7672.50, where a delay and correction could also be. Be there a strong impulse, we’d see 7696.22. Continuation would bring 7716.09 and 7738.24.
S&P500
Support: - 770.63(main). Break will give 759.36, where correction could be. Then follows 743.90, where correction could also be. Be there a strong impulse, we would see 731.26. Continuation will lead to 722.80.
Resistance: - 808.58, 835.30 and 843.75(main), where a correction may happen. Break would result in 855.12, where correction may be. Then 877.40. Be there a strong impulse, we would see 900.00. Continuation will lead to 909.56.
NASDAQ
Support : - 1479.35(main). Break will give 1467.11, where correction could be. Then follows 1451.24, where correction could also be. Be there a strong impulse. We would see 1434.37. Continuation will lead to 1418.46.
Resistance : - 1531.36(main), where a correction may happen. Break would result in 1544.07, where correction may be. Then 1553.90. Be there a strong impulse, we would see 1569.46. Continuation will lead to 1587.65.

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