WORLD MARKET UPDATE- 1 FEB 2012 WORLD INDEX TECHNICAL ANALYSIS

DOW JONES : AGAIN WE ARE WRITING -DOW JONES ABOVE 12400- NO PROBLEM FOR BULL,IN THIS RALLY WILL TRY TO JUMP 12700-12800-MAXIMUM 12952,

BUT BELOW 12600 WILL VERTICALLY FALL UP TO 12400 IS NOT RULED OUT............

THIS RALLY IS MANIPULATIVE AND WILL NOT SUSTAINED FOR LONG TIME (12-22 MONTHS) MAIN REASONS:LIQUIDITY DRIVEN +42 ELECTIONS WORLD WIDE+ DIFFERENT POLITICAL PARTY-WILL GIVE FALSE PROMISE OF ECONOMY RECOVER+BULL RALLY OF INFLATION +LOW GDP GROWTH WORLD WIDE(EVEN EMERGING MARKETS)+HIGHER INTEREST COST+STILL BUBBLE IN PROPERTY MARKET- NOW PARTICULARLY IN EMERGING MARKET+MORE PRINTING OF DOLLARS-WILL LIQUID WORLD WIDE STOCK MARKET+WHICH WILL CREATE ALL TIME HIGH DOW JONES+FTSE+CAC+EMERGING MARKET INDEXES.

                       MAJOR ALERT

DO NOT HOLD EQUITIES FOR LONG TIME- TRY TO EXIT AT HIGHER LEVEL-BIG BUBBLE IS ON THE WAY -SOMETHING IS COOKING IN EQUITY MARKET WORLD WIDE-ONCE LIQUIDITY IS PULL BACK ALL MARKET WILL FALL-SEE SMALL TRAILER IN FEB-2012 END+JUNE-2012.....NOV-2012.....BIG FALL IN 2013...... SOMETHING IS MAJOR WRONG ON WORLD  INDICES CHARTS....................................(OUR FORECASTING)

 DOW JONES:STRONG BUY
2nd Resistance Point 12792.88(STOP/UP- BREAK-OUT)
1st Resistance Point 12712.90(SELL)
Last Price   12632.91
1st Support Level 12560.13(BUY)
2nd Support Level 12487.34(STOP/DOWN BREAK-OUT)

1/2/2012INTRADAY TRADING LEVELS	FTSE 100	CAC 40	Swiss SSMI	Dow Jones	S&P500	Nasdaq 100	Gold
BULL RALLY	5789.55	3360.72	6058.03	12872.9	1336.13	2509.97	1736.6
UP BREAKOUT	5753.57	3340	6028.85	12792.9	1328.22	2495.96	1736.6
SELL	5717.59	3319.27	5999.67	12712.9	1320.32	2481.96	1736.6
PIVOT	5694.34	3304.38	5982.22	12640.1	1313.5	2467.5	1736.6
BUY	5658.36	3283.65	5953.04	12560.1	1305.6	2453.5	1736.6
DOWN BREAKOUT	5635.11	3268.76	5935.59	12487.3	1298.78	2439.04	1736.6
BEAR RALLY	5599.13	3248.03	5906.41	12407.3	1290.88	2425.04	1736.6

GOLD STRONG BUY

2nd Resistance Point		1758.62
1st Resistance Point		1752.34
Last Price		1747.49
1st Support Level		1735.25
2nd Support Level		1724.44