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
1. Market Commentary
| Simple yet Powerful approach to using Market Profile in your trading |
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| Join us for a Webinar on January 18th at 3:30 PM Central time |
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Space is limited.
Reserve your Webinar seat now at:
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| Learn the incredible power of Market Profile in this simple and easy to implement approach.
Many have yet to discover just how easy it can be. So please join us for ‘A Simplified Approach to using Market Profile’
Join Greg Weitzman for this live webinar as he discusses his unique and simplified way to incorporate Market Profile in your trading and leave with some tools you can use immediately in your own trading:
* Simplify and clean up your charts
* Clearly see support , resistance and market inflection points
* Locate key areas for trade entries
As a Bonus all attendees will also receive TheTradingZone basic Chart Templates, pre-configured for Sierra Charts ( ATcharts)
Risk: 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.
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| Title: |
Simple yet Powerful approach to using Market Profile in your trading |
| Date: |
Wednesday, January 18, 2012 |
| Time: |
3:30 PM – 4:30 PM CST |
| After registering you will receive a confirmation email containing information about joining the Webinar. |
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server |
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Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer |
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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 |
1308.77 |
2422.00 |
12592 |
786.33 |
| Resistance Level 2 |
1303.78 |
2412.00 |
12553 |
780.67 |
| Resistance Level 1 |
1296.27 |
2401.00 |
12487 |
771.93 |
| Pivot Point |
1291.28 |
2391.00 |
12448 |
766.27 |
| Support Level 1 |
1283.77 |
2380.00 |
12382 |
757.53 |
| Support Level 2 |
1278.78 |
2370.00 |
12343 |
751.87 |
| Support Level 3 |
1271.27 |
2359.00 |
12277 |
743.13 |
3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds
| Contract |
Feb. Gold |
Dec. Euro |
Jan. Crude Oil |
March. Bonds |
| Resistance Level 3 |
1691.7 |
1.2991 |
103.09 |
146 21/32 |
| Resistance Level 2 |
1679.9 |
1.2906 |
102.05 |
146 |
| Resistance Level 1 |
1665.8 |
1.2822 |
101.41 |
145 16/32 |
| Pivot Point |
1654.0 |
1.2737 |
100.37 |
144 27/32 |
| Support Level 1 |
1639.9 |
1.2653 |
99.73 |
144 11/32 |
| Support Level 2 |
1628.1 |
1.2568 |
98.69 |
143 22/32 |
| Support Level 3 |
1614.0 |
1.2484 |
98.05 |
143 6/32 |
4. Support & Resistance Levels for Corn, Wheat, Beans and Silver
| Contract |
March Corn |
March Wheat |
Jan. Beans |
March. Silver |
| Resistance Level 3 |
614.6 |
614.8 |
1205.67 |
3124.7 |
| Resistance Level 2 |
611.7 |
611.9 |
1195.83 |
3090.8 |
| Resistance Level 1 |
607.8 |
608.3 |
1189.67 |
3046.2 |
| Pivot Point |
604.9 |
605.4 |
1179.83 |
3012.3 |
| Support Level 1 |
601.1 |
601.8 |
1173.7 |
2967.7 |
| Support Level 2 |
598.2 |
598.9 |
1163.83 |
2933.8 |
| Support Level 3 |
594.3 |
595.3 |
1157.67 |
2889.2 |