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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 – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday May 16, 2012
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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 | Dollar Index |
| Resistance 3 | 1356.23 | 2651.50 | 12840 | 794.23 | 82.51 |
| Resistance 2 | 1349.37 | 2634.00 | 12781 | 789.47 | 81.98 |
| Resistance 1 | 1339.43 | 2608.00 | 12698 | 783.13 | 81.69 |
| Pivot | 1332.57 | 2590.50 | 12639 | 778.37 | 81.16 |
| Support 1 | 1322.63 | 2564.50 | 12556 | 772.03 | 80.87 |
| Support 2 | 1315.77 | 2547.00 | 12497 | 767.27 | 80.34 |
| Support 3 | 1305.83 | 2521.00 | 12414 | 760.93 | 80.05 |
3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds
| Contract | June Gold | June Euro | June Crude Oil | June Bonds |
| Resistance 3 | 1580.7 | 1.2977 | 97.24 | 147 24/32 |
| Resistance 2 | 1572.6 | 1.2924 | 96.36 | 147 6/32 |
| Resistance 1 | 1557.5 | 1.2829 | 94.82 | 146 28/32 |
| Pivot | 1549.4 | 1.2776 | 93.94 | 146 10/32 |
| Support 1 | 1534.3 | 1.2681 | 92.40 | 146 |
| Support 2 | 1526.2 | 1.2628 | 91.52 | 145 14/32 |
| Support 3 | 1511.1 | 1.2533 | 89.98 | 145 4/32 |
4. Support & Resistance Levels for Corn, Wheat, Beans and Silver
| Contract | July Corn | July Wheat | July Beans | July Silver |
| Resistance 3 | 616.8 | 620.8 | 1453.67 | 2908.0 |
| Resistance 2 | 607.3 | 617.5 | 1434.33 | 2875.5 |
| Resistance 1 | 602.3 | 613.0 | 1423.67 | 2821.5 |
| Pivot | 592.8 | 609.8 | 1404.33 | 2789.0 |
| Support 1 | 587.8 | 605.3 | 1393.7 | 2735.0 |
| Support 2 | 578.3 | 602.0 | 1374.33 | 2702.5 |
| Support 3 | 573.3 | 597.5 | 1363.67 | 2648.5 |
5. Economic Reports
4:00am EUR
Italian Trade Balance
5:00am EUR
CPI y/y
5:00am EUR
Core CPI y/y
5:00am EUR
Trade Balance
Tentative EUR
German 10-y Bond Auction
8:30am USD
Building Permits
8:30am USD
Housing Starts
9:15am USD
Capacity Utilization Rate
9:15am USD
Industrial Production m/m
10:00am USD
ECB President Draghi Speaks
10:00am USD
Mortgage Delinquencies
10:30am USD
Crude Oil Inventories
2:00pm USD
FOMC Meeting Minutes
Tentative USD
Treasury Currency Report