Trading Levels & Economic Reports for 10-13-2011
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
In this post:
1. Market Commentary
2. Support and Resistance Levels
1. Market Commentary
I read the following on the Wall St. blog and thought it is worth sharing:
“S&P 500, With ‘Violence and Passion,’ Soars Right to the Roof of Its Range” – By Steven Russolillo
GOOD TRADING!
| Contract (Dec. 2011) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Contract Dec. 2011) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1230.33 | 2385.33 | 11897 | 733.40 |
| Resistance 2 | 1222.92 | 2357.17 | 11729 | 718.60 |
| Resistance 1 | 1212.83 | 2330.83 | 11594 | 707.50 |
| Pivot | 1205.42 | 2302.67 | 11426 | 692.70 |
| Support 1 | 1195.33 | 2276.33 | 11291 | 681.60 |
| Support 2 | 1187.92 | 2248.17 | 11123 | 666.80 |
| Support 3 | 1177.83 | 2221.83 | 10988 | 655.70 |
| Contract | Dec. Gold | Dec. Euro | Nov. Crude Oil | Dec. Bonds |
| Contract | Dec. Gold | Dec. Euro | Nov. Crude Oil | Dec. Bonds |
| Resistance 3 | 1711.6 | 1.4134 | 88.28 | 140 22/32 |
| Resistance 2 | 1702.7 | 1.3979 | 87.44 | 139 31/32 |
| Resistance 1 | 1690.9 | 1.3882 | 86.21 | 139 12/32 |
| Pivot | 1682.0 | 1.3727 | 85.37 | 138 21/32 |
| Support 1 | 1670.2 | 1.3630 | 84.14 | 138 2/32 |
| Support 2 | 1661.3 | 1.3475 | 83.30 | 137 11/32 |
| Support 3 | 1649.5 | 1.3378 | 82.07 | 136 24/32 |
