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.

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Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

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 (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2 ——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13761372

1365

 

1353.75

 

1348

 

1343

 2613.252604

2588

 

2565

 

2556

 

2541

 1299212936

12895

 

12786

 

12729

 

12678

 797.1789.90

782.6

 

774

 

771.2

 

768.4

 1521715202

15125

 

15028

 

15004

 

14911

 13503.513428

13423.5

 

13429.5

 

13424.5

 

13411.5

Continue reading “Friday Morning Support and Resistance Numbers”

Trading Levels and Reports for June 27, 2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
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 July 27, 2012

 

Hello Traders,

Comforting words out of Europe helped the stock market bounce nicely today.

Also the end of the month is approaching, which in recent months we saw some rallies during the last few days of the month.

With that being said, I still think the market has equal chances of going either way. You can see my daily chart below with possible upside targets (marked with -3-) and possible downside targets (marked with -4-).

ES mini S&P Daily Chart July 26 2012

Be patient, be disciplined!

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Trading Levels and Reports for July 26, 2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday July 26, 2012

 

Hello Traders,

Here is a screen shot from my intraday set up from today’s session for the mini SP500.  Please inquire if you have questions.

Mini sp daily chart

Would you like to have access to my DIAMOND and TOPAZ ALGOs 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.

To start your trial, please visit:https://www.cannontrading.com/tools/intraday-futures-trading-signals

OR

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?

Also please like us on Facebook!!

Continue reading “Trading Levels and Reports for July 26, 2012”

Trading Levels and Reports for July 25, 2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday July 25, 2012

 

Hello Traders,

Are you currently evaluating a trading system?  Need help/ feedback in trying to assess validity of back testing and hypothetical results? Perhaps you need a second pair of eyes/ reason to review actual trading performance?

Feel free to contact us and one of our experienced brokers will be able to provide feedback and try to help you based on our experience in the trading world and dealing with variety of different trading systems in accordance to your risk tolerance and trading experience.

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Monday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

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 (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1356.751352.25

 

1347.25

 

1339.25

 

1332.75

 

1330.5

 26132603

 

2591

 

2570

 

2562

 

2545

 1374612701

 

12651

 

12572

 

12535

 

12460

 790.20786.10

 

781.4

 

774.5

 

768.20

 

763.7

 1532915316

 

15301 (all time high)

15212

 

15200

 

15122

 13527.513516.5

 

13512 (all time high)

13504

 

13431.5

 

13424

Continue reading “Monday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

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 (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 —————————————— Resistance Level 2 ——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13761370.5

 

1367.25

 

1361.5

 

1354.25

 

1347.75

 26922658

 

2648

 

2622

 

2604

 

2587

 1393612884

 

12852

 

12808

 

12740

 

12680

 807.6801.40

 

797.50

 

791.2

 

787.30

 

774.8

 1521015124

 

15118

 

15008

 

14919

 

14830

 13500.5 (all time time)13429.5

13425.5

 

13423.5

 

13420

 

13414

Continue reading “Friday Morning Support and Resistance Numbers”

Trading Levels and Reports for July 20, 2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
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 July 20, 2012

 

Hello Traders,

crude oil

 

Continue reading “Trading Levels and Reports for July 20, 2012”

Trading Levels and Reports for 7-19-2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday July 19, 2012

 

Hello Traders,

We have a day full of reports tomorrow and SP500 is sitting against resistance at 1275. I would treat this as a pivot point, i.e. if we break and close above it based on the hourly chart, then there is a chance for another leg up. On the flip side, failure to do so may open the door for a pull back. To be honest I do not have a strong feeling one way or the other. My advice when this happens is PATIENCE! Let the market develop and provide you with clues.
Once you know how you want to attack the market, devise a plan and then execute the plan that you made while you were calm and not under market pressure OR in simple words, plan your trade, trade your plan.

Trading Levels and Reports for July 18, 2012

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday July 18, 2012

Hello Traders,

Somewhat of an intraday reversal we witnessed in the mini SP 500 today and market closed
ABOVE yesterday’s high which is a semi bullish signal
and puts the next target for the SP500 at 1375.

 

Another market that caught my eyes today is the Euro currency. I am getting a small buy signal as well for the Euro with possible targets at 123.96 and 125.34 and stop somewhere below the recent low of 121.71 ( 121.35?) in case I am wrong. If I am wrong and the market does take out the recent low, we may see another leg down before this market bounces.

Daily Euro Continuation Chart Continue reading “Trading Levels and Reports for July 18, 2012”

Tuesday Morning Support and Resistance

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

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 (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13751364

 

1354

 

1345

 

1340.5

 

1336.5

 26252603

 

2586

 

2569

 

2560

 

2543

 1291712767

 

12729

 

12648

 

12609

 

12574

 809.1803.10

 

800.5

 

790.7

 

787.7

 

784.6

 15219 (all time high)15210 

15127

 

15031

 

15008

 

14919

 13507.513500.5(all time high)

13427

 

13413

 

13402.5

 

13325

Continue reading “Tuesday Morning Support and Resistance”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.