Date: 2009/09/01
Time: 13:03 (GMT +7)
Ticker: GOLDS
Last: 954
Pivot: 947
1st sup. 947
2nd sup. 942.1
3rd sup. 938
1st res. 957.1
2nd res. 961
3rd res. 965.9
Title: GOLD (Spot) intraday: bullish bias above 947
Summary: Update on supports and resistances.
Story: Pivot: 947.00
Our Preference: LONG positions @ 949 with 957.1 & 961 in sight.
Alternative scenario: The downside penetration of 947 will call for 942.1 & 938.
Comment: the price remains supported by a rising trend line.
Trend: ST Range; MT Bullish
Key levels Comment
965.9** Horizontal resistance
961*** Horizontal resistance
957.1*** Horizontal resistance
954 Last
947*** Intraday pivot point
942.1** Intraday support
938*** Intraday support
Date: 2009/09/01
Time: 12:56 (GMT +7)
Ticker: CL1
Last: 70.38
Pivot: 69.12
1st sup. 69.12
2nd sup. 68
3rd sup. 67.5
1st res. 70.8
2nd res. 71.3
3rd res. 71.85
Title: Crude Oil (Oct 09) intraday: further upside
Summary: Update on supports and resistances.
Story: Pivot: 69.12
Our Preference: LONG positions above 69.12 with 70.8 & 71.3 as next targets.
Alternative scenario: The downside penetration of 69.12 will call for a slide towards 68 & 67.5.
Comment: the 60-min RSI is bullish and calls for further upside.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
71.85** Fib retracement (61.8%)
71.3*** Fib retracement (50%)
70.8*** Fib retracement (38.2%)
70.38 Last
69.12*** Intraday Pivot point
68** Intraday support
67.5** Intraday support
Date: 2009/09/01
Time: 12:48 (GMT +7)
Ticker: DJI
Last: 9496
Pivot: 9090
1st sup. 9090
2nd sup. 8840
3rd sup. 8585
1st res. 9630
2nd res. 10000
3rd res. 10300
Title: Dow Jones Industrial Average ST: caution
Summary: As long as 9090 is support, we are bullish. In this case, the upside breakout of 9630 will trigger a bullish acceleration towards 10000.
Story: Our pivot point stands at 9090.
Our preference: As long as 9090 is support, we are bullish. In this case, the upside breakout of 9630 will trigger a bullish acceleration towards 10000.
Alternative scenario: Only the downside breakout of 9090 will invalidate our bullish scenario. In this case, a decline should shape towards 8840 at first, and then 8585.
Comment: Daily indicators are mixed.
Trend: ST limited rise; MT range.
Supports and resistances:
10300 **
10000 ***
9630 **
9496 last
9090 ***
8840 **
8585 **
