Chart from Webinar | Support and Resistance Levels
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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:
To sign up for a free trail of this daily webinar, please visit:
https://www.cannontrading.com/education-day-trading-webinar.php
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
