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Aug 12

TECHNICAL ANALYSIS BY NSFX 12.08.2013

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High:  Low: 

On the 4 hours time frame the American index is testing 1685 area after a gap of 6 points.  Important supports are  1675 and 1664, where the 200 period moving average could make weaker sellers activity. 1700 is the first resistance level to be tested.  Above that psychological and technical threshold area 1710 and 1730 are the next  key price for evaluating market sentiment.

R3
R2
R1
S1
S2
S3