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Hourly Mini SP 500 Chart | 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 – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday April 19, 2012

 

Hello Traders,

Not much to share today as far as trading tips so I decided to include an hourly chart of the mini SP 500 for your review along with possible support and resistance lines.

Don’t forget earning season is at it’s peak and we have a full day of economic reports tomorrow.

Be patient, be disciplined and trade well.

 

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 1390.23 2751.33 13082 815.50
Resistance 2 1387.97 2739.67 13058 811.60
Resistance 1 1383.23 2718.33 13012 804.90
Pivot 1380.97 2706.67 12988 801.00
Support 1 1376.23 2685.33 12942 794.30
Support 2 1373.97 2673.67 12918 790.40
Support 3 1369.23 2652.33 12872 783.70

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 1668.3 1.3243 106.37 142 29/32
Resistance 2 1661.8 1.3195 105.44 142 14/32
Resistance 1 1651.2 1.3158 104.05 142 4/32
Pivot 1644.7 1.3110 103.12 141 21/32
Support 1 1634.1 1.3073 101.73 141 11/32
Support 2 1627.6 1.3025 100.80 140 28/32
Support 3 1617.0 1.2988 99.41 140 18/32

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

Contract May Corn May Wheat May Beans May Silver
Resistance 3 626.6 618.8 1420.83 3239.8
Resistance 2 620.9 616.9 1416.92 3214.2
Resistance 1 611.3 613.8 1412.33 3185.3
Pivot 605.7 611.9 1408.42 3159.7
Support 1 596.1 608.8 1403.8 3130.8
Support 2 590.4 606.9 1399.92 3105.2
Support 3 580.8 603.8 1395.33 3076.3


5. Economic Reports

Tentative EUR
Spanish 10-y Bond Auction

8:30am USD
Unemployment Claims

10:00am EUR
Consumer Confidence

10:00am USD
Existing Home Sales

10:00am USD
Philly Fed Manufacturing Index

10:00am USD
CB Leading Index m/m

10:30am USD
Natural Gas Storage

Day 1 All
G20 Meetings

Tags: > > Posted in: Future Trading News  

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