LIONS -US -FIGHT WITH THEIR OWN PROBLEMS OF RISING UNEMPLOYMENT +SLOW DOWN OF ECONOMY+SLOW DOWN IN FOREIGN INVESTMENTS +100% OF GDP- DEBT- OF $14.3TRILLION.
"WE HAVE FORECASTED SINCE LAST COUPLE OF WEEKS,THAT ANY MAJOR BOUNCE BACK IN MARKET WILL WITNESS MAJOR DOWN FALL:ALL MARKETS GOING UP ARE MANIPULATIVE AND NOT ABLE TO SUSTAIN AT HIGHER LEVEL".
(PROBLEM AREA -US-ECONOMY ALREADY SLOW DOWN-EURO ZONE CASH CRISIS AND CHINA +ASIAN COUNTRIES ARE FACING HIGH INFLATION+MIDDLE EAST COUNTRIES RISING COST OF LIVING AND UNREST )
DOW JONES ABOVE 11,137 NO PROBLEM STRONG SUPPORT LEVEL, IF SUPPORT BREAK THEN BELOW 11,033.8 BEAR RALLY UP TO 10,856.20 NOT RULE OUT.
WE ARE BULLISH ON GOLD :BUY GOLD ETFS,GOLD COMPANIES EQUITIES AND GOLD BONDS.
WE ARE BULLISH ON GOLD :BUY GOLD ETFS,GOLD COMPANIES EQUITIES AND GOLD BONDS.
05/092011 intra day levels | FTSE 100 | CAC 40 | Swiss SSMI | Dow Jones | S&P500 | Nasdaq 100 | Gold |
R3-bull rally | 5,578.80 | 3,321.22 | 5,604.74 | 11,772.9 | 1,237.24 | 2,222.53 | 1,935.6 |
R2-caution upwards | 5,483.21 | 3,263.66 | 5,523.05 | 11,595.4 | 1,216.15 | 2,204.30 | 1,916.1 |
R1-sell | 5,387.62 | 3,206.09 | 5,441.36 | 11,417.8 | 1,195.06 | 2,186.06 | 1,896.5 |
PIVOT | 5,323.06 | 3,169.38 | 5,378.98 | 11,314.6 | 1,182.81 | 2,171.53 | 1,865.3 |
S1-buy | 5,227.47 | 3,111.81 | 5,297.29 | 11,137.0 | 1,161.72 | 2,153.29 | 1,845.7 |
S2-caution downwards | 5,162.91 | 3,075.10 | 5,234.91 | 11,033.8 | 1,149.47 | 2,138.76 | 1,814.5 |
S3-bear rally | 5,067.32 | 3,017.53 | 5,153.22 | 10,856.2 | 1,128.38 | 2,120.52 | 1,794.9 |
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