The Futures Trader's Destination for Over 25 Years

Open an Account
Call Us Free: 1-800-454-9572
Why Trade with Cannon?
  • USA
  • Canada
  • Mexico
  • United Kingdom
  • France
  • Italy
  • Spain
  • Germany
  • Australia
  • Netherlands
  • Romania
  • Belgium
  • Sweden
  • Czech Republic
  • Hungary
  • Switzerland
  • Austria
  • Portugal
  • Denmark
  • Greece
  • UAE
  • Israel
  • Jordan
  • Saudi Arabia
  • India
  • Argentina
  • Costa Rica
  • Peru
  • Chile
  • Brazil
  • China
  • Hong Kong
  • Japan
  • Russia
  • Thailand
  • South Korea
  • Taiwan
  • Philippines
  • Singapore
  • And Many More!
Countries We Accept Clients From | International Calls: 310-859-9572

Monthly, Weekly and Daily mini SP 500 | 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 – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 1, 2012

1. Market Commentary

New month is starting and I would like to wish everyone great trading in February.

As the new month starting, I am sharing 3 different charts with you, Monthly, weekly and daily of the mini SP 500.

EP - E- mini S&P 500, Monthly Continuation

EP – E- mini S&P 500, Monthly Continuation

 

EP - E- mini S&P 500, Monthly Continuation

EP – E- mini S&P 500, Monthly Continuation

Regardless if you are day-trading or position trading, sometimes traders can get a better prospective by looking at larger time frames and going down.

EP - E- mini S&P 500, Equalized Active Daily Continuation

EP – E- mini S&P 500, Equalized Active Daily Continuation

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame on your own PC ? You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

If so, please send me an email with the following information:

1. Are you currently trading futures?
2. Charting software you use?
3. If you use sierra or ATcharts, please let me know the user name so I can enable you
4. Markets you currently trading?

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 3 1330.17 2505.00 12800 810.53
Resistance Level 2 1323.68 2492.00 12732 804.77
Resistance Level 1 1315.47 2474.00 12656 796.63
Pivot Point 1308.98 2461.00 12588 790.87
Support Level 1 1300.77 2443.00 12512 782.73
Support Level 2 1294.28 2430.00 12444 776.97
Support Level 3 1286.07 2412.00 12368 768.83

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

Contract April. Gold March Euro Feb. Crude Oil March. Bonds
Resistance Level 3 1776.3 1.3355 103.95 147 18/32
Resistance Level 2 1763.5 1.3286 102.62 146 16/32
Resistance Level 1 1752.7 1.3182 100.52 145 31/32
Pivot Point 1739.9 1.3113 99.19 144 29/32
Support Level 1 1729.1 1.3009 97.09 144 12/32
Support Level 2 1716.3 1.2940 95.76 143 10/32
Support Level 3 1705.5 1.2836 93.66 142 25/32

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

Contract March Corn March Wheat March Beans March. Silver
Resistance Level 3 652.8 675.7 1225.67 3505.7
Resistance Level 2 647.2 671.8 1214.83 3459.3
Resistance Level 1 643.1 668.9 1206.92 3385.7
Pivot Point 637.4 665.1 1196.08 3339.3
Support Level 1 633.3 662.2 1188.2 3265.7
Support Level 2 627.7 658.3 1177.33 3219.3
Support Level 3 623.6 655.4 1169.42 3145.7


5. Economic Reports

CPI Flash Estimate
5:00am

ADP Non-Farm Employment Change
8:15am

ISM Manufacturing PMI
10:00am

Construction Spending
10:00am

ISM Manufacturing Prices
10:00am

Crude Oil Inventories
10:30am

Total Vehicle Sales
All Day

Tags: > > Posted in: Commodity Trading   | Future Trading News   | Futures Trading  

Download Cannon’s new eBook, “Futures Forthright” instantly.


Quick Tip: After registering you will be emailed login information, so be sure to use an email address you have access to. If you need assistance please call us at 1-800-454-9572, a professional broker will help you through the registration process.
________
Doing Business With
See more...
Loading
Loading

Loading