Futures Support and Resistance Levels 5.04.2016
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday May 5, 2016
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| Contract June 2016 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2079.08 | 4383.67 | 17857 | 1137.20 | 93.97 |
| Resistance 2 | 2069.67 | 4362.83 | 17778 | 1130.10 | 93.66 |
| Resistance 1 | 2057.83 | 4333.92 | 17683 | 1120.60 | 93.44 |
| Pivot | 2048.42 | 4313.08 | 17604 | 1113.50 | 93.14 |
| Support 1 | 2036.58 | 4284.17 | 17509 | 1104.00 | 92.92 |
| Support 2 | 2027.17 | 4263.33 | 17430 | 1096.90 | 92.61 |
| Support 3 | 2015.33 | 4234.42 | 17335 | 1087.40 | 92.39 |
| Contract | June Gold | July Silver | June Crude Oil | June Bonds | June Euro |
| Resistance 3 | 1309.0 | 17.83 | 46.43 | 166 5/32 | 1.1604 |
| Resistance 2 | 1300.4 | 17.67 | 45.66 | 165 14/32 | 1.1574 |
| Resistance 1 | 1290.8 | 17.54 | 44.77 | 165 1/32 | 1.1540 |
| Pivot | 1282.2 | 17.38 | 44.00 | 164 10/32 | 1.1510 |
| Support 1 | 1272.6 | 17.24 | 43.11 | 163 29/32 | 1.1476 |
| Support 2 | 1264.0 | 17.08 | 42.34 | 163 6/32 | 1.1446 |
| Support 3 | 1254.4 | 16.95 | 41.45 | 162 25/32 | 1.1412 |
| Contract | July Corn | July Wheat | July Beans | July SoyMeal | June Nat Gas |
| Resistance 3 | 385.8 | 481.3 | 1066.25 | 365.40 | 2.28 |
| Resistance 2 | 383.9 | 478.9 | 1056.00 | 357.80 | 2.22 |
| Resistance 1 | 380.3 | 475.1 | 1045.00 | 351.40 | 2.18 |
| Pivot | 378.4 | 472.7 | 1034.75 | 343.80 | 2.12 |
| Support 1 | 374.8 | 468.8 | 1023.8 | 337.4 | 2.1 |
| Support 2 | 372.9 | 466.4 | 1013.50 | 329.80 | 2.02 |
| Support 3 | 369.3 | 462.6 | 1002.50 | 323.40 | 1.99 |
Economic Reports
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
| Date | 3:48pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| ThuMay 5 | All Day | EUR | French Bank Holiday | ||||||
| All Day | EUR | German Bank Holiday | |||||||
| 3:30am | GBP | Halifax HPI m/m | 0.1% | 2.6% | |||||
| 4:00am | EUR | ECB Economic Bulletin | |||||||
| 4:10am | EUR | Retail PMI | 49.2 | ||||||
| 4:30am | GBP | Services PMI | 53.6 | 53.7 | |||||
| Tentative | EUR | Spanish 10-y Bond Auction | 1.61|1.5 | ||||||
| Tentative | GBP | 10-y Bond Auction | 1.51|2.0 | ||||||
| 7:30am | USD | Challenger Job Cuts y/y | 31.7% | ||||||
| 8:30am | USD | Unemployment Claims | 261K | 257K | |||||
| 10:30am | USD | Natural Gas Storage | 69B | 73B | |||||
| 11:30am | USD | FOMC Member Bullard Speaks | |||||||
| 7:15pm | USD | FOMC Member Bullard Speaks |
