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Last Trading Day of September | Support and Resistance Levels

In this post:

1. Market Commentary
2. Support and Resistance Levels
3. Economic Reports

1. Market Commentary

Last trading day of the month is upon us and for October I would like to wish everyone a month full of trading patience, of wise money management, of disciplined trading and “picky” trades.

If you will be able to control yourself and implement what I mentioned above, it should be a successful trading month!

GOOD TRADING!

2. SUPPORT AND RESISTANCE LEVELS!

Contract (Dec. 2011) SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1209.50 2355.92 11544 699.80
Resistance 2 1189.75 2307.83 11372 683.80
Resistance 1 1173.00 2248.67 11235 673.30
Pivot 1153.25 2200.58 11063 657.30
Support 1 1136.50 2141.42 10926 646.80
Support 2 1116.75 2093.33 10754 630.80
Support 3 1100.00 2034.17 10617 620.30

 

Contract Dec. Gold Dec. Euro Nov. Crude Oil Dec. Bonds
Resistance 3 1660.7 1.3827 88.99 143 10/32
Resistance 2 1646.8 1.3751 86.49 142 24/32
Resistance 1 1633.8 1.3665 84.65 142
Pivot 1619.9 1.3589 82.15 141 14/32
Support 1 1606.9 1.3503 80.31 140 22/32
Support 2 1593.0 1.3427 77.81 140 4/32
Support 3 1580.0 1.3341 75.97 139 12/32

3. Economic Reports for Friday September 30, 2011

Core PCE Price Index m/m
8:30am

Personal Spending m/m
8:30am

Personal Income m/m
8:30am

Chicago PMI
9:45am

Revised UoM Consumer Sentiment
9:55am

Revised UoM Inflation Expectations
9:55am

Economics Report Source: http://www.forexfactory.com/calendar.php

Tags: > Posted in: Trading Guide  

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