WORLD MARKET UPDATE- 18 AUGUST 2011 WORLD INDEX TECHNICAL ANALYSIS

WHEN WE YELL MARKET HAS TO PLAY OUR GAME: POWER OF CHART

S&P 500 Index September 2011:

STRONGLY SELL

2nd Resistance Point            1,200.40

1st Resistance Point    1,183.60

Last Price           1,164.20

1st Support Level        1,156.30

2nd Support Level       1,145.80

18/08/11	FTSE 100	CAC 40	Dow Jones	S&P500	Nasdaq 100	Nikkei
R3	5,462.23	3,395.37	11,737.1	1,232.58	2,269.57	9,159.90
R2	5,418.69	3,348.36	11,628.1	1,219.68	2,240.25	9,125.69
R1	5,375.14	3,301.35	11,519.2	1,206.79	2,210.94	9,091.47
PIVOT	5,327.54	3,241.81	11,420.7	1,195.57	2,184.94	9,047.59
S1	5,283.99	3,194.80	11,311.8	1,182.68	2,155.63	9,013.37
S2	5,236.39	3,135.26	11,213.3	1,171.46	2,129.63	8,969.49
S3	5,192.84	3,088.25	11,104.4	1,158.57	2,100.32	8,935.27

GOLD UP DATE: BUY
 2ndResistance Point            1,825.2
1stResistance Point            1,816.6

LastPrice                             1,813.6

1st SupportLevel                1,792.4

2nd SupportLevel                1,776.8