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Earnings Season Financial Markets | Support and Resistance Levels

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 Monday April 16, 2012

 

Hello Traders

Tuesday morning right on the open we will host Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand

Watch a Seasoned Market Veteran TRADE LIVE Using Order Flow Analysis

Join us for a Webinar on April 17

Space is limited. Reserve your Webinar seat now at:

Cannon Trading is hosting Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand


Also monthly global outlook for April-May is now available at:

Wishing all of you a great weekend!

 

GOOD TRADING!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

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 1389.67 2753.33 12958 820.03
Resistance 2 1384.73 2740.67 12924 814.47
Resistance 1 1375.87 2719.33 12863 804.23
Pivot 1370.93 2706.67 12829 798.67
Support 1 1362.07 2685.33 12768 788.43
Support 2 1357.13 2672.67 12734 782.87
Support 3 1348.27 2651.33 12673 772.63

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

Contract June Gold June Euro May Crude Oil June Bonds
Resistance 3 1703.7 1.3299 104.95 143 18/32
Resistance 2 1691.5 1.3252 104.43 142 22/32
Resistance 1 1674.2 1.3167 103.66 142 5/32
Pivot 1662.0 1.3120 103.14 141 9/32
Support 1 1644.7 1.3035 102.37 140 24/32
Support 2 1632.5 1.2988 101.85 139 28/32
Support 3 1615.2 1.2903 101.08 139 11/32

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

Contract May Corn May Wheat May Beans May Silver
Resistance 3 646.2 630.7 1455.83 3330.2
Resistance 2 641.1 627.8 1449.92 3286.8
Resistance 1 635.2 625.7 1443.33 3216.2
Pivot 630.1 622.8 1437.42 3172.8
Support 1 624.2 620.7 1430.8 3102.2
Support 2 619.1 617.8 1424.92 3058.8
Support 3 613.2 615.7 1418.33 2988.2


5. Economic Reports

4:00am EUR
Italian Trade Balance

5:00am EUR
Trade Balance

8:30am USD
Core Retail Sales m/m

8:30am USD
Retail Sales m/m

8:30am USD
Empire State Manufacturing Index

9:00am USD
TIC Long-Term Purchases

10:00am USD
Business Inventories m/m

10:00am USD
NAHB Housing Market Index

12:30pm USD
FOMC Member Pianalto Speaks

Tags: > > Posted in: Future Trading News  

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