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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.

 

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 Friday April 19, 2012

 

Hello Traders,

I have incorporated new chart format into the daily live charts service I hold. Below is a screen shot from what I consider a great day ( mini Russell chart from the second half of todays session).  Before I get too excited I must see how the bad days look like because I know every method/ system/ concept have good and bad days.

I will keep you posted and in between if you like to see what my live charts screen sharing is all about, you can register for a free trial here.

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 1405.07 2785.67 13197 824.83
Resistance 2 1395.53 2760.33 13111 816.87
Resistance 1 1384.77 2723.17 13013 807.13
Pivot 1375.23 2697.83 12927 799.17
Support 1 1364.47 2660.67 12829 789.43
Support 2 1354.93 2635.33 12743 781.47
Support 3 1344.17 2598.17 12645 771.73

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 1678.1 1.3280 105.22 143 12/32
Resistance 2 1666.5 1.3225 104.44 142 27/32
Resistance 1 1654.4 1.3182 103.69 142 15/32
Pivot 1642.8 1.3127 102.91 141 30/32
Support 1 1630.7 1.3084 102.16 141 18/32
Support 2 1619.1 1.3029 101.38 141 1/32
Support 3 1607.0 1.2986 100.63 140 21/32

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

Contract May Corn May Wheat May Beans May Silver
Resistance 3 630.0 632.8 1448.50 3278.5
Resistance 2 626.0 629.9 1438.75 3240.0
Resistance 1 623.5 627.3 1427.25 3206.0
Pivot 619.5 624.4 1417.50 3167.5
Support 1 617.0 621.8 1406.0 3133.5
Support 2 613.0 618.9 1396.25 3095.0
Support 3 610.5 616.3 1384.75 3061.0


5. Economic Reports

2:00am EUR
German PPI m/m

4:00am EUR
German Ifo Business Climate

Day 1 ALL
IMF Meetings

Day 2 ALL
G20 Meetings

Day 2 ALL
IMF Meetings

Tags: > > Posted in: Future Trading News  

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