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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 – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 15, 2012

1. Market Commentary

Hello Traders,

About 6-7 minutes video is now posted on how to use the trailing stop feature in our AT ( Active Trader) platform, along with small example of how I use overbought/ oversold conditions along with support and resistance to enter trades.

Any feedback is welcomed as we plan on producing additional educational videos

 

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 1356.83 2587.17 12903 835.20
Resistance Level 2 1351.77 2577.83 12862 830.10
Resistance Level 1 1348.13 2572.67 12838 823.40
Pivot Point 1343.07 2563.33 12797 818.30
Support Level 1 1339.43 2558.17 12773 811.60
Support Level 2 1334.37 2548.83 12732 806.50
Support Level 3 1330.73 2543.67 12708 799.80

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 1744.4 1.3329 103.37 144 31/32
Resistance Level 2 1737.1 1.3274 102.60 144 9/32
Resistance Level 1 1728.3 1.3191 101.81 143 27/32
Pivot Poing 1721.0 1.3136 101.04 143 5/32
Support Level 1 1712.2 1.3053 100.25 142 23/32
Support Level 2 1704.9 1.2998 99.48 142 1/32
Support Level 3 1696.1 1.2915 98.69 141 19/32

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

Contract March Corn March Wheat March Beans March. Silver
Resistance Level 3 647.1 647.2 1272.50 3436.2
Resistance Level 2 643.7 644.3 1267.00 3410.3
Resistance Level 1 638.6 639.7 1261.00 3377.2
Pivot Point 635.2 636.8 1255.50 3351.3
Support Level 1 630.1 632.2 1249.5 3318.2
Support Level 2 626.7 629.3 1244.00 3292.3
Support Level 3 621.6 624.7 1238.00 3259.2


5. Economic Reports

2:00am EUR
German Prelim GDP q/q

4:00am EUR
Italian Prelim GDP q/q

All Day EUR
ECOFIN Meetings

5:00am EUR
Flash GDP q/q

5:00am EUR
Trade Balance

8:30am USD
Empire State Manufacturing Index

9:00am USD
TIC Long-Term Purchases

9:15am USD
Capacity Utilization Rate

9:15am USD
Industrial Production m/m

10:00am USD
NAHB Housing Market Index

10:30am USD
Crude Oil Inventories

2:00pm USD
FOMC Meeting Minutes

Tags: > > Posted in: Commodity Brokers   | Futures Broker   | Futures Trading  

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