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Dow Theory | Support and Resistance

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 26, 2012

Hello Traders,

Good reading material for the weekend about the Dow theory on our weekly newsletter, now available.

Have a great weekend!

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 3 1408.50 2756.00 13143 846.00
Resistance 2 1400.85 2744.00 13087 836.30
Resistance 1 1396.30 2735.00 13053 830.60
Pivot 1388.65 2723.00 12997 820.90
Support 1 1384.10 2714.00 12963 815.20
Support 2 1376.45 2702.00 12907 805.50
Support 3 1371.90 2693.00 12873 799.80

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 3 1697.6 1.3416 111.46 139 25/32
Resistance 2 1682.0 1.3358 109.85 138 30/32
Resistance 1 1672.8 1.3312 108.37 138 13/32
Pivot 1657.2 1.3254 106.76 137 18/32
Support 1 1648.0 1.3208 105.28 137 1/32
Support 2 1632.4 1.3150 103.67 136 6/32
Support 3 1623.2 1.3104 102.19 135 21/32

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

Contract May Corn May Wheat May Beans May Silver
Resistance 3 659.3 660.5 1374.83 3338.3
Resistance 2 655.2 657.8 1371.92 3284.2
Resistance 1 650.8 656.0 1368.83 3251.8
Pivot 646.7 653.3 1365.92 3197.7
Support 1 642.3 651.5 1362.8 3165.3
Support 2 638.2 648.8 1359.92 3111.2
Support 3 633.8 647.0 1356.83 3078.8


5. Economic Reports

4:00am EUR
German Ifo Business Climate

8:00am USD
Fed Chairman Bernanke Speaks

10:00am USD
Pending Home Sales m/m

12:00pm EUR
ECB President Draghi Speaks

Tags: > Posted in: Future Trading News  

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