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Mini SP Chart High Volume Day | Support and Resistance Numbers

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 Report for Wednesday April 11, 2012

 

Hello Traders

Daily chart of the mini SP 500 below for your review along with potential support and resistance levels. Today was the first day in a while where we saw high volume and meaningful decline in price.,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 1397.50 2792.50 13023 818.27
Resistance 2 1387.85 2769.00 12942 810.33
Resistance 1 1371.80 2732.00 12813 795.87
Pivot 1362.15 2708.50 12732 787.93
Support 1 1346.10 2671.50 12603 773.47
Support 2 1336.45 2648.00 12522 765.53
Support 3 1320.40 2611.00 12393 751.07

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 1706.3 1.3229 104.84 143 31/32
Resistance 2 1685.6 1.3189 103.90 142 29/32
Resistance 1 1674.0 1.3138 102.56 142 7/32
Pivot 1653.3 1.3098 101.62 141 5/32
Support 1 1641.7 1.3047 100.28 140 15/32
Support 2 1621.0 1.3007 99.34 139 13/32
Support 3 1609.4 1.2956 98.00 138 23/32

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

Contract May Corn May Wheat May Beans May Silver
Resistance 3 661.8 662.0 1471.33 3295.3
Resistance 2 656.4 654.8 1460.67 3244.7
Resistance 1 645.6 640.3 1443.33 3212.3
Pivot 640.2 633.0 1432.67 3161.7
Support 1 629.3 618.5 1415.3 3129.3
Support 2 623.9 611.3 1404.67 3078.7
Support 3 613.1 596.8 1387.33 3046.3


5. Economic Reports

2:00am EUR
German WPI m/m

8:30am USD
Import Prices m/m

10:30am USD
Crude Oil Inventories

2:00pm USD
Beige Book

2:00am USD
Federal Budget Balance

5:30pm USD
FOMC Member Yellen Speaks

Tags: > > Posted in: Future Trading News  

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