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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 – Corn, Wheat, Beans, Silver
5. Economic Reports for Monday May 1, 2012

 

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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 1413.33 2777.67 13273 844.63
Resistance 2 1408.07 2762.33 13242 834.67
Resistance 1 1403.53 2750.17 13203 829.13
Pivot 1398.27 2734.83 13172 819.17
Support 1 1393.73 2722.67 13133 813.63
Support 2 1388.47 2707.33 13102 803.67
Support 3 1383.93 2695.17 13063 798.13

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

Contract June Gold June Euro June Crude Oil June Bonds
Resistance 3 1687.9 1.3400 106.47 143 20/32
Resistance 2 1678.2 1.3337 105.73 143 9/32
Resistance 1 1670.6 1.3287 105.21 143
Pivot 1660.9 1.3224 104.47 142 21/32
Support 1 1653.3 1.3174 103.95 142 12/32
Support 2 1643.6 1.3111 103.21 142 1/32
Support 3 1636.0 1.3061 102.69 141 24/32

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

Contract July Corn July Wheat July Beans May Silver
Resistance 3 644.4 668.5 1519.83 3198.2
Resistance 2 636.8 661.0 1512.17 3168.8
Resistance 1 631.2 655.5 1502.83 3147.2
Pivot 623.6 648.0 1495.17 3117.8
Support 1 617.9 642.5 1485.8 3096.2
Support 2 610.3 635.0 1478.17 3066.8
Support 3 604.7 629.5 1468.83 3045.2


5. Economic Reports

2:00am EUR
German Retail Sales m/m

4:00am EUR
Private Loans y/y

5:00am EUR
CPI Flash Estimate y/y

5:00am EUR
Italian Prelim CPI m/m

8:30am USD
Core PCE Price Index m/m

8:30am USD
Personal Spending m/m

8:30am USD
Personal Income m/m

9:45am USD
Chicago PMI

Tags: > > Posted in: Future Trading News  

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