Monday 25 July 2011

WORLD MARKET UPDATE- 25 JULY 2011WORLD INDEX TECHNICAL ANALYSIS


25/07/11
FTSE 100
Dow Jones
S&P500
Nasdaq 100
R3
6,033.79
12,837.6
1,355.25
2,463.62
R2
6,000.87
12,785.5
1,351.84
2,452.25
R1
5,967.94
12,733.3
1,348.43
2,440.87
PIVOT
5,933.92
12,688.8
1,342.69
2,421.47
S1
5,900.99
12,636.6
1,339.28
2,410.09
S2
5,866.97
12,592.1
1,333.54
2,390.69
S3
5,834.04
12,539.9
1,330.13
2,379.31


FTSE 100:
FTSE 100OPENED ABOVE 5,933.92,BUT NOT SUSTAIN AND CAME DOWN UPTO5900.99(TARGET 1) ANDBOUNCE BACK.
IF FTSEBRACK 5,900.99 LEVEL AND SUSTAIN BELOW THIS LEVEL THEN BEAR RALLY UPTO  5,866.97.
DOW JONES:
DOW JONESOPENED BELOW 12,688.80 LEVEL IF SUSTAIN BELOW 12,636.60 THEN PANIC RALLY UP TO12,592.1 LEVEL IS NOT RULED OUT.
IF DOWJONES SUSTAIN ABOVE 12.636.6 LEVELS WILL TRY TO TOUCH 12,688.80 AND 12,733.30LEVEL.SOON.

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