WORLD MARKET UPDATE- WORLD INDEX TECHNICAL ANALYSIS

12/07/11	FTSE 100	Dow Jones	S&P500	Nasdaq 100	Gold	ACTION
R3	6,096.41	12,841.3	1,370.20	2,430.06	1,570.4	BULL
R2	6,040.66	12,729.5	1,353.30	2,407.37	1,563.4	STOP
R1	5,984.91	12,617.6	1,336.39	2,384.69	1,556.4	SELL
PIVOT	5,942.83	12,544.0	1,326.41	2,369.40	1,549.0
S1	5,887.08	12,432.1	1,309.50	2,346.72	1,542.0	BUY
S2	5,845.00	12,358.5	1,299.52	2,331.43	1,534.6	STOP
S3	5,789.25	12,246.6	1,282.61	2,308.75	1,527.6	BEAR

FTSE-100:

FTSE HAS GOOD SUPPORTLEVEL AT 5845, IF BREAK AND SUSTAIN SEE PANIC UPTO 5789.25 LEVEL VERY SOON, IF BOUNCE BACK FTSE WILL TRY TO TOUCH 5942.83 LEVELS.

DOW JONES:

DOW JONES HAS GOODSUUPORT LEVEL AT 12432.10, IF BREAK AND SUSTAIN MORE PANIC UPTO 12246.60 LEVEL, IF BOUNCE BACK DOWJONES WILL TRY TO TOUCH 12544 TO 12617.60 LEVELS.