Thursday 26 January 2012

WORLD MARKET UPDATE- 26 JAN 2012 WORLD INDEX TECHNICAL ANALYSIS


MARKET OVERVIEW: MANIPULATIVE  AND LIQUIDITY DRIVEN RALLY ALL OVER THE WORLD IN STOCK MARKET IS GOING TO EXHAUST VERY SOON.........SOME THING IS COOKING ON CHART .......DOW JONES..RALLY FROM 12400 TO 12700 TARGET-ACHIEVED,NOW12800 IS NEXT.....THEN 12950 LAST....MAJOR FALL ON CARDS IS EXPECTED AT ANY TIME ON CHART 200-300POINTS

DOW JONES

DOW JONES HAS STRONG SUPPORT LEVEL AT 12631 ABOVE THIS LEVEL IF SUSTAIN THEN 1ST TARGET 12830-2ND TARGET 12903.
IF DOW JONES BREAK AND SUSTAIN BELOW 12631 THEN PANIC FALL UP TO 12506...12480 IS NOT RULED OUT.

DOW JONES:STRONGLY BUY

2nd Resistance Point 12903.25
1st Resistance Point 12830.11
Last Price           12756.96
1st Support Level 12631.97
2nd Support Level 12506.97




26/1/2012INTRADAY TRADING LEVELS
FTSE 100
DAX 30
CAC 40
Dow Jones
S&P500
Nasdaq 100
Gold
BULL RALLY
5861.33
6546.49
3393.49
12976.5
1348.95
2500.59
1768.4
UP BREAKOUT
5815.22
6504.94
3366.49
12903.3
1341.32
2488.95
1745.8
SELL
5769.11
6463.4
3339.48
12830.2
1333.69
2477.3
1723.1
PIVOT
5731.58
6415.02
3312.56
12705.1
1320.67
2458.94
1685.8
BUY
5685.47
6373.48
3285.55
12632
1313.04
2447.29
1663.1
DOWN BREAKOUT
5647.94
6325.1
3258.63
12506.9
1300.02
2428.93
1625.8
BEAR RALLY
5601.83
6283.56
3231.62
12433.8
1292.39
2417.28
1603.1

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