Trading Multiple Time Frames | Support and Resistance Levels

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Daily Mini S&P Chart
5. Economic Reports for Wednesday November 2, 2011

Market Commentary

DAYLIGHT SAVING ends this weekend!

International traders especially, please pay attention we are moving the clocks an hour back.

Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds

4. Daily Mini S&P Chart

On a different note please see weekly chart of the SP500 for your review below, which also brings me to a quick tip on how I try to manage trading multiple time frames.

There are times that I will have trades that I consider swing trades or longer term trades while I still look for intra day or day trade opportunities. When that happens I will try to use different contracts. Example, lets say I think that there is a set up based on the daily chart for short position on stock indices, I may go short mini Dow but then there might be a daytrade set up for different directions in which I will use the mini SP in order not to confuse myself between my longer term set ups and my intraday set ups.

Have a great weekend!!

5. Economic Reports for Monday, November 7, 2011

Sentix Investor Confidence
5:30am

Retail Sales m/m
6:00am

German Industrial Production m/m
7:00am

Consumer Credit m/m
4:00pm