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. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for March 23, 2012
Below you will see a screen shot of the mini Russell 2000 15 minute chart from today’s session which was shared in real time with webinar subscribers.
Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above
and be able to apply for any market and any time frame on your own PC ? You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.
If so, please send me an email with the following information:
1. Are you currently trading futures?
2. Charting software you use?
3. If you use sierra or ATcharts, please let me know the user name so I can enable you
4. Markets you currently trading?
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
| Contract (June 2012) | SP500 (big & Mini) |
Nasdaq100 (big & Mini) |
Dow Jones (big & Mini) |
Mini Russell |
| Resistance Level 3 | 1399.53 | 2757.33 | 13078 | 841.90 |
| Resistance Level 2 | 1395.02 | 2745.67 | 13047 | 834.70 |
| Resistance Level 1 | 1391.63 | 2738.33 | 13013 | 826.70 |
| Pivot | 1387.12 | 2726.67 | 12982 | 819.50 |
| Support Level 1 | 1383.73 | 2719.33 | 12948 | 811.50 |
| Support Level 2 | 1379.22 | 2707.67 | 12917 | 804.30 |
| Support Level 3 | 1375.83 | 2700.33 | 12883 | 796.30 |
3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds
| Contract | April. Gold | March Euro | April Crude Oil | June Bonds |
| Resistance Level 3 | 1686.3 | 1.3376 | 109.50 | 138 8/32 |
| Resistance Level 2 | 1671.5 | 1.3319 | 108.31 | 137 26/32 |
| Resistance Level 1 | 1657.2 | 1.3255 | 106.88 | 137 12/32 |
| Pivot | 1642.4 | 1.3198 | 105.69 | 136 30/32 |
| Support Level 1 | 1628.1 | 1.3134 | 104.26 | 136 16/32 |
| Support Level 2 | 1613.3 | 1.3077 | 103.07 | 136 2/32 |
| Support Level 3 | 1599.0 | 1.3013 | 101.64 | 135 20/32 |
4. Support & Resistance Levels for Corn, Wheat, Beans and Silver
| Contract | May Corn | May Wheat | May Beans | May Silver |
| Resistance Level 3 | 654.8 | 666.7 | 1366.00 | 3343.0 |
| Resistance Level 2 | 650.0 | 657.1 | 1358.50 | 3289.0 |
| Resistance Level 1 | 647.3 | 651.7 | 1354.00 | 3217.0 |
| Pivot | 642.5 | 642.1 | 1346.50 | 3163.0 |
| Support Level 1 | 639.8 | 636.7 | 1342.0 | 3091.0 |
| Support Level 2 | 635.0 | 627.1 | 1334.50 | 3037.0 |
| Support Level 3 | 632.3 | 621.7 | 1330.00 | 2965.0 |
5. Economic Reports
5:00am EUR
Italian Retail Sales m/m
10:00am USD
New Home Sales
1:45pm USD
Fed Chairman Bernanke Speaks
2:30pm USD
FOMC Member Lockhart Speaks