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. Economic Reports for Tuesday, December 6, 2011
1. Market Commentary
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2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
| Contract (Dec. 2011) | SP500 (big & Mini) |
Nasdaq100 (big & Mini) |
Dow Jones (big & Mini) |
Mini Russell |
| Resistance 3 | 1276.17 | 2357.67 | 12317 | 762.83 |
| Resistance 2 | 1270.73 | 2347.33 | 12258 | 757.37 |
| Resistance 1 | 1262.87 | 2334.67 | 12187 | 750.53 |
| Pivot | 1257.43 | 2324.33 | 12128 | 745.07 |
| Support 1 | 1249.57 | 2311.67 | 12057 | 738.23 |
| Support 2 | 1244.13 | 2301.33 | 11998 | 732.77 |
| Support 3 | 1236.27 | 2288.67 | 11927 | 725.93 |
3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds
| Contract | Feb. Gold | Dec. Euro | Jan. Crude Oil | March. Bonds |
| Resistance 3 | 1767.8 | 1.3539 | 102.77 | 142 15/32 |
| Resistance 2 | 1750.1 | 1.3484 | 102.09 | 142 2/32 |
| Resistance 1 | 1741.0 | 1.3443 | 101.55 | 141 15/32 |
| Pivot | 1723.3 | 1.3388 | 100.87 | 141 2/32 |
| Support 1 | 1714.2 | 1.3347 | 100.33 | 140 15/32 |
| Support 2 | 1696.5 | 1.3292 | 99.65 | 140 2/32 |
| Support 3 | 1687.4 | 1.3251 | 99.11 | 139 15/32 |
5. Economic Reports
French Trade Balance
2:45am
Italian Industrial PRoduction
4:00am
German Industrial Production
6:00am
Crude Oil Inventories
10:30am
Consumer Credit
3:00pm