Trading Levels & Economic Reports for 10-14-2011

 

In this post:

1. Market Commentary
2. Support and Resistance Levels
3. Daily Mini Mini S&P 500 Futures Chart

1. Market Commentary

Full day ahead with important economic numbers along with G20 meeting taking place over the weekend.

GOOD TRADING!

2. Support and Resistance Levels

Contract (Dec. 2011) SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1224.17 2397.25 11657 721.17
Resistance 2 1213.38 2366.75 11567 710.93
Resistance 1 1207.07 2350.00 11493 704.37
Pivot 1196.28 2319.50 11403 694.13
Support 1 1189.97 2302.75 11329 687.57
Support 2 1179.18 2272.25 11239 677.33
Support 3 1172.87 2255.50 11165 670.77

 

Contract Dec. Gold Dec. Euro Nov. Crude Oil Dec. Bonds
Resistance 3 1694.4 1.3986 87.79 141 20/32
Resistance 2 1683.4 1.3901 86.59 140 31/32
Resistance 1 1676.3 1.3845 85.57 140 5/32
Pivot 1665.3 1.3760 84.37 139 16/32
Support 1 1658.2 1.3704 83.35 138 22/32
Support 2 1647.2 1.3619 82.15 138 1/32
Support 3 1640.1 1.3563 81.13 137 7/32

 

3. 3. Daily Mini Mini S&P 500 Futures Chart

SP500 is against major resistance at 1220, if we fail against it we may head lower again….if the market can break above and close above the technical picture will change.

Tags: > Posted in: Futures Trading   | Options Trading   | Trading Guide  

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