Thursday Morning Support and Resistance

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 (June) 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

13841375.5

 

1367.5

 

1357

 

1354

 

1348.25

26752663

 

2648

 

2622.5

 

2615.5

 

2609

1299212923

 

12846

 

12824

 

12802

 

12763

807.50800.90

 

794.3

 

788.6

 

785.9

 

780.9

1442214412

 

14406

 

14321

 

14306

 

14222

13308.5 (all time high)13300 

13228

 

13219

 

13211

 

13204.5

Continue reading “Thursday Morning Support and Resistance”

Mini Russell 2000, Mini SP 500, Crude Oil, Gold futures Chart | Support and Resistance

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 Wednesday May 9, 2012

 

Hello Traders,

Below is a screen shot of my desktop charting from today, which I share with interested clients and prospects on a trial basis and subscription basis.

What you see below are my intra-day charts for the : ( from left to right)

Mini Russell 2000, Mini SP 500, Crude Oil ( top right), Gold futures, (bottom right)

If you have not had the trial before,

 

 

1336509475703

Continue reading “Mini Russell 2000, Mini SP 500, Crude Oil, Gold futures Chart | Support and Resistance”

Tuesday Morning Support and Resistance

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 (June) 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

1377.251369.5

 

1365

 

1356.5

 

1351.5

 

1335.75

26702650

 

2628

 

2615

 

2601

 

2586

1303112971

 

12905

 

12870

 

12835

 

12799

807.5800.90

 

795.2

 

786.6

 

781.4

 

772.8

1451514430

 

14419

 

14323

 

14308

 

14227

13223.513302 (all time high)

13230.5

 

13219

 

13211

 

13204.5

Continue reading “Tuesday Morning Support and Resistance”

Big Moves Down on the Open of Sunday Night Session

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 Tuesday May 8, 2012

 

Hello Traders,

Big moves down on the open of Sunday night session, corrected during the day session and market actually managed to close slightly higher.

Daily chart of the mini Russell 2000 for your review below, along with potential levels to watch.

y8jzbTAUzgQkgb0kW0mw1YDqWMd8QTaE0gAAACgAP8HGqwFOOs90Q8AAAAASUVORK5CYII=

Continue reading “Big Moves Down on the Open of Sunday Night Session”

Monthly Unemployment Causes Big Market Moves | Support and Resistance

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 Monday May 7, 2012

 

Hello Traders,

Monthly unemployment came out and as expected caused some big moves in major markets.

I sent an hourly and daily chart of the mini SP on Thursday afternoon and below you will see an updated daily chart of the mini SP after today’s big move.,

A8WyIUALFA9RAAAAAElFTkSuQmCC
Also our weekly newsletter is now available for your viewing.

Continue reading “Monthly Unemployment Causes Big Market Moves | Support and Resistance”

Monday Morning Support and Resistance Numbers

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 (June) 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

13691362.5

 

1359.75

 

1351.5

 

1342.5

 

1335.75

26702650

 

2628

 

2601

 

2586

 

2575

1303112971

 

12957

 

12870

 

12835

 

12799

800.9794.30

 

786.90

 

772.8

 

765.8

 

756

1443014419

 

14408

 

14323

 

14308

 

14227

13223.513302 (all time high)

13229

 

13219

 

13211

 

13204.5

Continue reading “Monday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

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 (June) 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

13991391

 

1386.75

 

1376

 

1369.5

 

1361

27162707.25

 

2697.5

 

2673.75

 

2666

 

2649

1328413252

 

13203

 

13088

 

13041

 

12966

818.2811.5

 

807.8

 

798.70

 

791.2

 

787.1

1432614320

 

14307

 

14221

 

14212

 

14202

13223.513217 (all time high)

13213.5

 

13206

 

13131.5

 

13127.5

Continue reading “Friday Morning Support and Resistance Numbers”

Monthly Unemployment Numbers Tomorrow | 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 – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday May 4, 2012

 

Hello Traders,

Monthly unemployment tomorrow is sure to move the market. Big question is which way and how big of a move…I wish I knew.

Be careful, moves can be quite volatile so make sure you know you risk before you “simply” decide to get in!

Below you will see the daily chart for the mini SP 500 , followed by the hourly chart for the mini SP 500 in hopes it will assist you with trading levels and direction.

DAILY CHART of MINI SP 500

GDIzgDm740J4FOips7mNWC3EO9YpPaBPUAEAAIAX8j94S8ay4THYEwAAAABJRU5ErkJggg==

 

HOURLY CHART OF MINI SP 500

565

 

Continue reading “Monthly Unemployment Numbers Tomorrow | Support and Resistance Levels”

Thursday Morning Support and Resistance

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 (June) 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

14221411.75

 

1403.25

 

1389.75

 

1383

 

1376

27632753

 

2734

 

2702

 

2689

 

2674

1328413252

 

13203

 

13125

 

13041

 

12966

819.6816.8

 

813.9

 

804.5

 

799.80

 

791.20

1432614316

 

14304

 

14211

 

14201

 

14103

13223.513217 (all time high)

13213

 

13206

 

13202.5

 

13127.5

Continue reading “Thursday Morning Support and Resistance”

No Trade is Better Than a Bad Trade | 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 – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday May 3, 2012

 

Hello Traders

I was thinking of what I can share with you today and I really didn’t have any valuable thoughts to share and that’s when I remembered that sometimes clients tell me they took a trade when there is really no trade to take BECAUSE…

They felt they “must” take a trade…

because if they didn’t take a trade , they were not doing their job as a trader…

Because they were bored….

and the list goes on…

I think that a big, big part of trading is mental. there many different methods to lose and make money…..but in order to make any method/ approach work, one needs DISCIPLINE and PATIENCE and if you are a day-trader especially, sometimes not taking a trade is the right decision and is more important than where to enter, the stop, targets etc.

Continue reading “No Trade is Better Than a Bad Trade | Support and Resistance Levels”