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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.

span style=”text-decoration: underline;”>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 Reports for Thursday, December 22, 2011

1. Market Commentary

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)
Nasdaq100
(big & Mini)
Dow Jones
(big & Mini)
Mini Russell
Resistance Level 2 1249.35 2290.67 12118 759.20
Resistance Level 1 1243.80 2268.33 12082 748.70
Pivot Point 1233.45 2241.67 12008 735.60
Support Level 1 1227.90 2219.33 11972 725.10
Support Level 2 1217.55 2192.67 11898 712.00
Support Level 3 1212.00 2170.33 11862 701.50

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

Contract Feb. Gold Dec. Euro Jan. Crude Oil March. Bonds
Resistance Level 3 1638.0 1.3362 102.29 145 18/32
Resistance Level 2 1630.0 1.3293 100.77 145 3/32
Resistance Level 1 1623.7 1.3176 99.84 144 3/32
Pivot Point 1615.7 1.3107 98.32 143 20/32
Support Level 1 1609.4 1.2990 97.39 142 20/32
Support Level 2 1601.4 1.2921 95.87 142 5/32
Support Level 3 1595.1 1.2804 94.94 141 5/32

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

Contract March Corn March Wheat Jan. Beans March. Silver
Resistance Level 3 640.3 638.7 1191.17 3109.0
Resistance Level 2 629.7 628.3 1175.08 3065.0
Resistance Level 1 622.3 620.7 1164.42 3001.0
Pivot Point 611.7 610.3 1148.33 2957.0
Support Level 1 604.3 602.7 1137.7 2893.0
Support Level 2 593.7 592.3 1121.58 2849.0
Support Level 3 586.3 584.7 1110.92 2785.0


5. Economic Reports

Unemployment Claims
8:30am

Final GDP
8:30am

Final GDP Price Index
8:30am

Revised UoM Consumer Sentiment
9:55am

Revised UoM Inflation Expectations
9:55am

CB Leading Index
10:00am

OFHEO HPI
10:00am

Natural Gas Storage
10:30am

Tags: > Posted in: Future Trading News  

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  • How to Use Support & Resistance Levels
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