Dow Jones Industrial Average(YM Fut. Continuous Chart) - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL TO UP

RESUME&VIEW - 13250 LEVEL STILL ACTING AS RESISTANCE. THERE IS A CHANCE THE INDEX TO TURN IN UPTREND AGAIN, BUT IT NEEDS 13000 AS SUPPORT TO DO THAT. BUT AS MENTIONED THERE IS RESISTANCE AROUND 13250 LEVEL, ALSO THAT UPMOVE FROM 12500 LEVEL COULD BE A TEST OF THE BROKEN TRENDLINE AND TO BEGIN SELLING DOWN AGAIN.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 13250-13300

- 13500

- 13650

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 13250

SUPPORT LEVELS:

Could form support at:

- 13000

Moderate Levels

- 12750

- 12444

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

DAX Germany - Week 51 (17.12 - 21.12) - 2012

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - IT IS CURRENTLY CHALLENGING THE TOP FROM APRIL-MAY Y2011. TO RETURN TO FULL UPTREND IT NEEDS BEAT THAT TOP AND TO STAY STABLE ABOVE 7500 LEVEL.

RESISTANCE LEVELS:

Could form resistance at:

- 7777

Moderate Levels

-

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 7600

- 8150

PIVOT POINT:

- 7540

SUPPORT LEVELS:

Could form support at:

- 7450

Moderate Levels

- 7000

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

10-Year Treasury Note (ZN Fut. Continuous chart) - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL

RESUME&VIEW - FALLING SHARPLY, IT IS SHOWING WEAKNESS AGAIN. THE IMPOSIBILITY TO MAKE NEW HIGHS ABOVE THE RESISTANCE AROUND 136 LEVEL WILL BRING TEST OF 132 STRONG AND IMPORTANT SUPPORT. IF BELOW THAT LEVEL THEN 127.00 NEXT STRONG SUPPORT WILL BE ON SIGHT.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 135.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 136.00

PIVOT POINT:

- 134.00

SUPPORT LEVELS:

Could form Support at:

- 130.00

Moderate Levels

-

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 132.00

Situation Chart:

EuroBund - Week 51 (17.12 - 21.12) - 2012

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - TO BE ABLE TO TURN IN CLEAR UPTREND IT NEED TO DEFEAT 147 STRONG RESISTANCE. COULD FORM SUPPORT AROUND 143.50.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 146.25

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 147.00

PIVOT POINT:

- 145.45

SUPPORT LEVELS:

Could form Support at:

- 143.50

Moderate Levels

- 142.00

- 139.50

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Reuters/Jefferies CRB Index (Shares) - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL

RESUME&VIEW - TO CONTINUE MOVING IN RANGE BETWEEN 27.20-28.60 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 28.50

- 29.50

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 27.75

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 27.30

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Light Sweet Crude Oil - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL TO DOWN

RESUME&VIEW - ONLY BELOW 84.00 LEVEL IT WILL BE REPORTED AS EARLY SIGNAL OF CHANGING THE TREND TO DOWN. RESISTANCE IS 90.00.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 90.00

- 94.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 86.40

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 84.00

- 77.00

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

GOLD - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL

RESUME&VIEW - IT IS LOOKING TO TEST THE SUPPORT AROUND 1675 LEVEL, WHICH IS VERY IMPORTANT FOR THE BUYERS. BELOW WILL OPEN THE WAY TO TEST THE STRONG SUPPORT NEAR 1500 ROUND NUMBER.

RESISTANCE LEVELS:

Could form resistance at:

- 1725

Moderate Levels

- 1755

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1800

PIVOT POINT:

- 1705

SUPPORT LEVELS:

Could form Support at:

- 1660

Moderate Levels

- 1675

- 1645

- 1585

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

U.S. Dollar Index - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL TO DOWN

RESUME&VIEW - DAILY CLOSENING BELOW 79.50 LEVEL WILL OPEN THE WAY TO TEST 78.00 STRONG SUPPORT. IF NOT IT WILL CONTINUE MOVING SIDEWAYS BETWEEN 79.50-81.00 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 81.00

- 81.50

- 83.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 80.00

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 79.60

- 79.00

- 78.60

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 78.00

Situation Chart:

NZD/USD - Week 51 (17.12 - 21.12) - 2012

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - APPROCHING THE RESISTANCE AROUND 0.8400. NEED A BREAKOUT OF IT TO RETURN TO CLEAR UPTREND AND TO COLLECT MORE BUYERS.

RESISTANCE LEVELS:

Could form resistance near:

-

Moderate Levels

- 0.8470

- 0.8570

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 0.8850

PIVOT POINT:

- 0.8395

SUPPORT LEVELS:

Could form Support near:

- 0.8350

Moderate Levels

- 0.8170

- 0.8050

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

AUD/USD - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL TO UP

RESUME&VIEW - ONLY FIRM ABOVE 1.0630 WOULD RETURN THE UPTREND BACK.

RESISTANCE LEVELS:

Could form resistance near:

-

Moderate Levels

- 1.0500

- 1.0850

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1.0630

PIVOT POINT:

- 1.0520

SUPPORT LEVELS:

Could form Support near:

- 1.0500

Moderate Levels

- 1.0400

- 1.0300

- 1.0235

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 1.0150

Situation Chart:

USD/CAD - Week 51 (17.12 - 21.12) - 2012

Background
TREND - DOWN TO NEUTRAL

RESUME&VIEW - TO COLLECT MORE SELLERS IT NEEDS TO REMAIN WELL BELOW 0.9900 LEVEL.

RESISTANCE LEVELS:

Could form resistance near:

- 0.9900

Moderate Levels

- 0.9950

- 1.0050

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 0.9850

SUPPORT LEVELS:

Could form Support near:

-

Moderate Levels

- 0.9730

- 0.9630

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

USD/CHF - Week 51 (17.12 - 21.12) - 2012

Background
TREND - NEUTRAL TO DOWN

RESUME&VIEW - DEEPENED DOWN BELOW 0.9200 SUPPORT SHOWING EARLY SIGNALS OF ESCAPING FROM NEUTRALITY. BUT TO BE ABLE TO TURN IN CLEAR DOWNTREND IT MUST DEEP BELOW 0.8900 SUPPORT. STAYING BELOW 0.9200 IS A MUST DO ALSO.

RESISTANCE LEVELS:

Could form resistance near:

- 0.9200

Moderate Levels

- 0.9400

- 0.9500

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 0.9285

SUPPORT LEVELS:

Could form Support near:

-

Moderate Levels

- 0.9000

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 0.8900

Situation Chart:

EUR/USD - Week 51 (17.12 - 21.12) - 2012

Background
TREND – NEUTRAL T0 UP

RESUME&VIEW - TESTING THE RESISTANCE AT 1.3150. IT DID TESTED THE TRENDLINE BROKENING SUCCESFULLY. TO PROVE TL BROKENING AND TO BE ABLE TO TURN IN EARLY UPTREND, SIGNALLING BOTTOMING IT MUST COMPLETELLY OVERTAKE 1.3150 RESISTANCE WITH STRONG MOMENTUM THIS WEEK.

RESISTANCE LEVELS:

Could form resistance near:

-

Moderate Levels

- 1.3150

- 1.3300

- 1.3400

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1.3500

PIVOT POINT:

- 1.3085

SUPPORT LEVELS:

Could form Support near:

-

Moderate Levels

- 1.2900

- 1.2700

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

GBP/USD - Week 51 (17.12 - 21.12) - 2012

Background
TREND – NEUTRAL TO UP

RESUME&VIEW - APPROACHING THE RESISTANCE NEAR 1.6200. TO RETURN TO AN UPTREND IT MUST OVERTAKE 1.6200 RESISTANCE. 1.6000 IS SUPPORT.

RESISTANCE LEVELS:

Could form resistance near:

-

Moderate Levels

- 1.6200

- 1.6300

- 1.6450

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1.6600

PIVOT POINT:

- 1.6085

SUPPORT LEVELS:

Could form Support near:

-

Moderate Levels

- 1.6000

- 1.5830

- 1.5750

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

USD/JPY - Week 51 (17.12 - 21.12) - 2012

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - APPROACHING STRONG RESISTANCES ZONE 84.00-85.50. IT IS VERY IMPORTANT WHAT IT WILL DO HERE. MOMENTUM ABOVE WILL PROVE THE UPTREND , ALSO SIGNALING LONGTERM BOTTOM NEAR 75.50. COULD MAKE SUPPORT NEAR 83.00, WHICH WILL BE GREAT SIGNAL FOR A FURTHER BREAKOUT OF THE STRONG RESISTANCES ZONE.

RESISTANCE LEVELS:

Could form resistance near:

-

Moderate Levels

-

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 84.20

- 85.50

PIVOT POINT:

- 83.00

SUPPORT LEVELS:

Could form Support near:

- 83.00

Moderate Levels

- 81.60

- 79.00

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Dow Jones Industrial Average - Week 50 (10.12 - 14.12) - 2012

Background
TREND - NEUTRAL

RESUME&VIEW - TO MOVE SIDEWAYS BETWEEN 12750-13250 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 13250

- 13500

- 13650

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 13035

SUPPORT LEVELS:

Could form support at:

- 12900

Moderate Levels

- 12750

- 12444

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

DAX Germany - Week 50 (10.12 - 14.12) - 2012

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - TO RETURN TO FULL UPTREND IT NEEDS TO STAY STABLE ABOVE 7500 LEVEL.

RESISTANCE LEVELS:

Could form resistance at:

- 7777

Moderate Levels

- 7500

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 7600

- 8150

PIVOT POINT:

- 7480

SUPPORT LEVELS:

Could form support at:

- 7250

Moderate Levels

- 6950

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

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