WORLD MARKET UPDATE- 04 OCT 2011 WORLD INDEX TECHNICAL ANALYSIS

                                "WORLD INDEXES EVERY SIX MONTH-CHANGE THEIR FACES "

   

      "ALL WORLD INDICES :WILL BOUNCE BACK SOON - MAJOR BOUNCE BACK IS ON CARDS"-ALL NEWS DRIVEN FALL DO NOT SUSTAIN FOR LONG

• GOLD UPDATE: TODAY'S GOLD HAS STRONG SUPPORT LEVEL AT $1628, IF BROKEN DOWN SIDE THEN PANIC SELLING UP TO $1618.90 IS NOT RULED OUT. NO PROBLEM FOR BULL RALLY IF SUSTAIN  ABOVE $1663.90,CROSS OVER WILL TRY KISS....$1673.3...$1682.60.
• FTSE-100: FTSE HAS STRONG SUPPORT LEVEL AT 4917,ABOVE THIS LEVEL WILL TRY TO KISS 5141. TRADING RANGE WILL BE BETWEEN:4996 TO 5141
• DOW JONES: DOW JONES HAS STRONG SUPPORT LEVEL AT 10436,IF BROKEN THEN NEW 52 WEEK LOW.TRADING RANGE WILL BE BETWEEN :10546 TO 10871

04/10/2011 INTRADAY TRADING LEVELS	FTSE 100	CAC 40	Dow Jones	S&P500	Nasdaq 100	Gold
BULL RALLY	5,274	3,004	11,305	1,178	2,224	1,683
UP BREAKOUT	5,208	2,978	11,089	1,152	2,177	1,673
SELL	5,142	2,953	10,872	1,126	2,131	1,664
PIVOT	5,062	2,921	10,763	1,112	2,108	1,651
BUY	4,996	2,895	10,546	1,086	2,062	1,641
DOWN BREAKOUT	4,917	2,863	10,437	1,073	2,038	1,628
BEAR RALLY	4,851	2,837	10,220	1,046	1,992	1,619