Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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 21, 2012
Below is a screen shot from part of this morning volatile session in the mini Russell 2000 with my daytrading signals I share with clients/ prospects. If interested in viewing my intra-day charts on trial basis,please visit and register for a free trial online.
Mini Russell 2000 Chart
Have a great weekend!
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.
|Contract (June 2012)||SP500(big & Mini)||Nasdaq100(big & Mini)||Dow Jones(big & Mini)||Mini Russell||Dollar Index|
|Contract||June Gold||June Euro||June Crude Oil||June Bonds|
|Resistance 3||1632.7||1.2975||94.20||149 12/32|
|Resistance 2||1615.1||1.2881||93.54||148 28/32|
|Resistance 1||1603.0||1.2831||92.25||148 17/32|
|Support 1||1573.3||1.2687||90.30||147 22/32|
|Support 2||1555.7||1.2593||89.64||147 6/32|
|Support 3||1543.6||1.2543||88.35||146 27/32|
|Contract||July Corn||July Wheat||July Beans||July Silver|
5. Economic Reports
FOMC Member Lockhart Speaks