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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

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 February 23, 2012

Hello Traders,

From today’s webinar, screen shot for your review:

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 Level 3 1367.57 2607.50 13001 834.00
Resistance Level 2 1364.13 2600.25 12975 829.90
Resistance Level 1 1360.07 2589.50 12946 822.90
Pivot Point 1356.63 2582.25 12920 818.80
Support Level 1 1352.57 2571.50 12891 811.80
Support Level 2 1349.13 2564.25 12865 807.70
Support Level 3 1345.07 2553.50 12836 800.70

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

Contract April. Gold March Euro Feb. Crude Oil March. Bonds
Resistance Level 3 1823.9 1.3327 107.77 144 9/32
Resistance Level 2 1803.7 1.3298 107.24 143 12/32
Resistance Level 1 1791.2 1.3271 106.66 142 27/32
Pivot Point 1771.0 1.3242 106.13 141 30/32
Support Level 1 1758.5 1.3215 105.55 141 13/32
Support Level 2 1738.3 1.3186 105.02 140 16/32
Support Level 3 1725.8 1.3159 104.44 139 31/32

4. Support & Resistance Levels for Corn, Wheat, Beans and Silver

Contract March Corn March Wheat March Beans March. Silver
Resistance Level 3 652.5 661.7 1287.00 3517.5
Resistance Level 2 645.8 653.3 1279.75 3483.5
Resistance Level 1 642.0 648.9 1276.00 3458.0
Pivot Point 635.3 640.6 1268.75 3424.0
Support Level 1 631.5 636.2 1265.0 3398.5
Support Level 2 624.8 627.8 1257.75 3364.5
Support Level 3 621.0 623.4 1254.00 3339.0


5. Economic Reports

8:30am USD
Unemployment Claims

10:00am USD
OFHEO HPI m/m

10:30am USD
Natural Gas Storage

11:00am USD
Crude Oil Inventories

Tags: > > Posted in: Commodity Brokers   | Future Trading News   | Futures Trading  

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