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.

Tuesday Morning Support and Resistance

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1385.251381.75 

1373.5

 

1363.5

 

1358

 

1353

2647.252633 

2622.5

 

2600

 

2590

 

2581

1313313078 

13024

 

12943

 

12901

 

12863

841.70835.8 

832

 

826.3

 

823.8

 

821.6

1440014314 

14226

 

14200

 

14119

 

14107

13203.513126 

13118

 

13105

 

13031

 

13026

Continue reading “Tuesday Morning Support and Resistance”

Daily Chart of April Crude Oil Futures

 

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 28, 2012

Hello Traders,

While our stock indices markets ( SP, Dow, NASDAQ and Russell ) been trading in very narrow range ( today was a small exception), the crude oil market continues to show the double edge volatility day-traders are looking for.

Below is a daily chart of April Crude oil futures.
PS: Stock index futures have shown in the past tendency to go through periods of low volatility and then change to periods of high volatility. The VIX index is a good indicator, which i will try to share more about tomorrow but my point is, be ready for shift in volatility and wider ranges on stock indices….as always, the question is when.

CLE - Crude light (Globex), Equalized Active Daily Continuation
CLE – Crude light (Globex), Equalized Active Daily Continuation

Continue reading “Daily Chart of April Crude Oil Futures”

Monday Morning Support and Resistance Numbers

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1373.51369.5

 

1363.5

 

1353

 

1350.5

 

1347.5

2622.52609.5

 

2602

 

2584

 

2576

 

2568

1302413969

 

12941

 

12895

 

12859

 

12826

835.80832

 

825.6

 

817.5

 

812.4

 

806.5

1443014408

 

14327

 

14304

 

14224

 

14213

13203.513126

 

13124.5

 

13111.5

 

13106

 

13101

Continue reading “Monday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1381.751373.5

 

1369.5

 

1361.5

 

1357.25

 

1350.5

26332622.5

 

2609

 

2594

 

2584

 

2570

1315313101

 

13024

 

12955

 

12918

 

12859

841.20835.8

 

832

 

824.5

 

819.9

 

812.4

1432714311

 

14229

 

14205

 

14130

 

14123

1311913111.5

 

13109.5

 

13102

 

13030

 

13023.5

Continue reading “Friday Morning Support and Resistance Numbers”

Webinar Videos | 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 23, 2012

Two videos from the webinar:
Using auto trailing stops to day-trade crude oil futures

Using overbought/oversold ALGORITHM along with preset exits to day trade Mini S&P 500 Futures

To learn more about our FREE charting package and other information presented in these videos, please visit us at:
https://www.cannontrading.com/contact-info.php

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 1378.27 2637.67 13122 848.37
Resistance Level 2 1370.28 2618.83 13049 838.13
Resistance Level 1 1366.27 2607.67 13007 832.87
Pivot Point 1358.28 2588.83 12934 822.63
Support Level 1 1354.27 2577.67 12892 817.37
Support Level 2 1346.28 2558.83 12819 807.13
Support Level 3 1342.27 2547.67 12777 801.87

Continue reading “Webinar Videos | Support and Resistance Levels”

Thursday Morning Support and Resistance

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1373.51369.5

 

1363.25

 

1353

 

1351.75

 

1347.5

2622.52611

 

2602

 

2575

 

2560

 

2543

1315313101

 

13024

 

12891

 

12864

 

12700

835.80827.6

 

822.5

 

814.3

 

810.2

 

806.5

1422414213

 

14202

 

14117

 

14031

 

14023

13111.513107.5

 

13029

 

13021

 

13012

 

13007.5

Continue reading “Thursday Morning Support and Resistance”

Wednesday Morning Support and Resistance

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1381.51373.5

 

1369.5

 

1355.75

 

1351.75

 

1347.5

2622.52611

 

2602

 

2585

 

2576

 

2560

1315313101

 

13024

 

12944

 

12901

 

12864

835.80829

 

824.8

 

821.1

 

817.6

 

806.5

1421314202

 

14122

 

14031

 

14023

 

13924

13107.513029

 

13023

 

13012

 

13007.5

 

12926

Continue reading “Wednesday Morning Support and Resistance”

WEEKLY chart of 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 22, 2012

1. Market Commentary

Hello Traders,
We came back fro President’s Day long weekend to find crude up over $2.00.
Gold followed on the same uncertainties and finished up $35
Our stock market on the other hand, finished unchanged on another less than avg. volume.
WEEKLY chart of mini SP 500 for your review below. We are trading against the high from last May and it will be interesting to see what type of price action and volume we will see here.

Market Commentary Continue reading “WEEKLY chart of Mini SP 500 | Support and Resistance Levels”

Tuesday Morning Support and Resistance Numbers

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1381.51373.5

 

1369.5

 

1360.5

 

1356

 

1347.5

2622.52611

 

2600

 

2583

 

2572

 

2563

1315313101

 

13024

 

12944

 

12901

 

12864

848.50843.4

 

832

 

828.5

 

824.5

 

817.5

1422114211

 

14201

 

14114

 

14023

 

13924

1310413031

 

13025.5

 

13015

 

13007.5

 

12926

Continue reading “Tuesday Morning Support and Resistance Numbers”