{"id":2128,"date":"2011-09-09T21:59:49","date_gmt":"2011-09-09T21:59:49","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2128"},"modified":"2014-09-11T03:16:40","modified_gmt":"2014-09-11T11:16:40","slug":"will-the-mini-sp-500-see-a-meaningful-bounce-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/will-the-mini-sp-500-see-a-meaningful-bounce-support-and-resistance-levels\/","title":{"rendered":"Will the Mini S&#038;P 500 See a Meaningful Bounce? | Support and Resistance Levels"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\">In this post:<\/span><br \/>\n<strong><br \/>\n1. Market Commentary<br \/>\n2. Support and Resistance Levels<br \/>\n3. December Mini S&amp;P 500 Continuous Futures chart<br \/>\n4. Economic Reports<br \/>\n5. Highlighted Earnings Releases<br \/>\n<\/strong><\/p>\n<p class=\"blog_divider\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<p><!-- ==========Section 1 --><\/p>\n<h3 class=\"blue\">1. Market Commentary<\/h3>\n<p>FRONT MONTH FOR EQUITIES AND BONDS IS DECEMBER<\/p>\n<p>SYMBOL FOR DECEMBER IS Z<\/p>\n<p>From a technical perspective, Dec. Mini Sp must hold above 1130.00 to have a chance of a meaningful bounce, a break below that level and we should test 1071.25 which is the equivalent for the Sept. lows of 1077.<\/p>\n<p>Have a great weekend and be ready for a full, volatile trading week coming up.<\/p>\n<p>Dec. mini SP continuous chart for your review below:<!--more--><\/p>\n<p>GOOD TRADING!<\/p>\n<p class=\"blog_divider\"><img decoding=\"async\" alt=\"\" src=\"\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<p><!-- ==========Section 2 --><\/p>\n<h2 class=\"blue\">2. SUPPORT AND RESISTANCE LEVELS!<\/h2>\n<table class=\"blog_table\" summary=\"Support and Resistance Levels for trading - S&amp;P 500, Nasdaq 100, Dow Jones, Mini Russell\">\n<thead>\n<tr>\n<td width=\"128\" height=\"43\">Contract (Sept. 2011)<\/td>\n<td width=\"93\">SP500 (big &amp; Mini)<\/td>\n<td width=\"96\">Nasdaq100 (big &amp; Mini)<\/td>\n<td width=\"86\">Dow Jones (big &amp; Mini)<\/td>\n<td width=\"82\">Mini Russell<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 3<\/strong><\/td>\n<td>1193.67<\/td>\n<td>2286.92<\/td>\n<td>11639<\/td>\n<td>728.60<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 2<\/strong><\/td>\n<td>1181.48<\/td>\n<td>2255.08<\/td>\n<td>11470<\/td>\n<td>713.60<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Resistance 1<\/strong><\/td>\n<td>1165.37<\/td>\n<td>2208.67<\/td>\n<td>11192<\/td>\n<td>692.20<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Pivot<\/strong><\/td>\n<td>1153.18<\/td>\n<td>2176.83<\/td>\n<td>11023<\/td>\n<td>677.20<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 1<\/strong><\/td>\n<td>1137.07<\/td>\n<td>2130.42<\/td>\n<td>10745<\/td>\n<td>655.80<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 2<\/strong><\/td>\n<td>1124.88<\/td>\n<td>2098.58<\/td>\n<td>10576<\/td>\n<td>640.80<\/td>\n<\/tr>\n<tr>\n<td height=\"26\"><strong>Support 3<\/strong><\/td>\n<td>1108.77<\/td>\n<td>2052.17<\/td>\n<td>10298<\/td>\n<td>619.40<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"blog_table\" summary=\"Support and Resistance Levels for trading - Gold, Euro, Crude Oil, and U.S. Treasury Bonds\">\n<thead>\n<tr>\n<td width=\"128\" height=\"43\">Contract<\/td>\n<td width=\"93\">Dec. Gold<\/td>\n<td width=\"96\">Sept. Euro<\/td>\n<td width=\"86\">Oct. Crude Oil<\/td>\n<td width=\"82\">Dec. Bonds<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 3<\/strong><\/td>\n<td>1916.5<\/td>\n<td>1.4167<\/td>\n<td>93.15<\/td>\n<td>144<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 2<\/strong><\/td>\n<td>1894.1<\/td>\n<td>1.4051<\/td>\n<td>91.32<\/td>\n<td>142 25\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Resistance 1<\/strong><\/td>\n<td>1876.8<\/td>\n<td>1.3857<\/td>\n<td>89.29<\/td>\n<td>142<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Pivot<\/strong><\/td>\n<td>1854.4<\/td>\n<td>1.3741<\/td>\n<td>87.46<\/td>\n<td>140 25\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 1<\/strong><\/td>\n<td>1837.1<\/td>\n<td>1.3547<\/td>\n<td>85.43<\/td>\n<td>140<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 2<\/strong><\/td>\n<td>1814.7<\/td>\n<td>1.3431<\/td>\n<td>83.60<\/td>\n<td>138 25\/32<\/td>\n<\/tr>\n<tr>\n<td height=\"26\"><strong>Support 3<\/strong><\/td>\n<td>1797.4<\/td>\n<td>1.3237<\/td>\n<td>81.57<\/td>\n<td>138<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"blog_divider\"><img decoding=\"async\" alt=\"\" src=\"\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<p><!-- ==========Section 3 --><\/p>\n<h3 class=\"blue\">3. December Mini S&amp;P 500 Continuous Futures chart from September 9th, 2011<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"blog_chart\" title=\"December Mini S&amp;P 500 Continuous Futures chart\" alt=\"December Mini S&amp;P 500 Continuous Futures chart from September 9th, 2011\" src=\"\/daily\/wp-content\/uploads\/SP-20110909.png\" width=\"480\" height=\"447\" \/><\/p>\n<p class=\"blog_divider\"><img decoding=\"async\" alt=\"\" src=\"\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<p><!-- ==========Section 4 --><\/p>\n<h3 class=\"blue\">4. Economic Reports Monday September 12th, 2011<\/h3>\n<p>FOMC Member Fisher Speaks<br \/>\n4:00pm USD<\/p>\n<p><em>Economics Report Source: <a href=\"http:\/\/www.forexfactory.com\/calendar.php\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/www.forexfactory.com\/calendar.php<\/a><\/em><\/p>\n<p class=\"blog_divider\"><img decoding=\"async\" alt=\"\" src=\"\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<p><!-- ==========Section 5 --><\/p>\n<h3 class=\"blue\">5. Today&#8217;s Highlighted Earnings Releases<\/h3>\n<table class=\"blog_table\">\n<thead>\n<tr>\n<td valign=\"middle\" width=\"50\">SYMBOL<\/td>\n<td valign=\"middle\" width=\"100\">COMPANY<\/td>\n<td valign=\"middle\">EVENT TITLE<\/td>\n<td valign=\"middle\">EPS ESTIMATE<\/td>\n<td valign=\"middle\">EPS ACTUAL<\/td>\n<td valign=\"middle\">PREV. YEAR ACTUAL<\/td>\n<td valign=\"middle\">DATE\/TIME (ET)<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td width=\"50\">KR<\/td>\n<td><strong>Kroger Co<\/strong><\/td>\n<td>Q2 2011 Kroger Co Earnings Release<\/td>\n<td>$ 0.43<\/td>\n<td>n\/a<\/td>\n<td>$ 0.41<\/td>\n<td>9-Sep BMO<\/td>\n<\/tr>\n<tr>\n<td width=\"50\">DMF.BE<\/td>\n<td>Del Monte Foods Co<\/td>\n<td>Q1 2012 Del Monte Foods Co Earnings Release<\/td>\n<td>n\/a<\/td>\n<td>n\/a<\/td>\n<td>n\/a<\/td>\n<td>9-Sep<\/td>\n<\/tr>\n<tr>\n<td width=\"50\">HURC<\/td>\n<td>HurCo Companies Inc<\/td>\n<td>Q3 2011 HurCo Companies Inc Earnings Release<\/td>\n<td>$ 0.43<\/td>\n<td>n\/a<\/td>\n<td>-$ 0.18<\/td>\n<td>9-Sep BMO<\/td>\n<\/tr>\n<tr>\n<td width=\"50\">OPTT<\/td>\n<td>Ocean Power Technologies Inc<\/td>\n<td>Q1 2012 Ocean Power Technologies Inc Earnings Release<\/td>\n<td>-$ 0.36<\/td>\n<td>n\/a<\/td>\n<td>-$ 0.61<\/td>\n<td>9-Sep BMO<\/td>\n<\/tr>\n<tr>\n<td width=\"50\">PNY<\/td>\n<td>Piedmont Natural Gas Co Inc<\/td>\n<td>Q3 2011 Piedmont Natural Gas Co Inc Earnings Release<\/td>\n<td>-$ 0.12<\/td>\n<td>n\/a<\/td>\n<td>-$ 0.13<\/td>\n<td>9-Sep BMO<\/td>\n<\/tr>\n<tr>\n<td width=\"50\">ACET<\/td>\n<td>Aceto Corp<\/td>\n<td>Q4 2011 Aceto Corp Earnings Release<\/td>\n<td>$ 0.12<\/td>\n<td>n\/a<\/td>\n<td>$ 0.17<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>In this post: 1. Market Commentary 2. Support and Resistance Levels 3. December Mini S&amp;P 500 Continuous Futures chart 4. Economic Reports 5. Highlighted Earnings Releases 1. Market Commentary FRONT MONTH FOR EQUITIES AND BONDS IS DECEMBER SYMBOL FOR DECEMBER IS Z From a technical perspective, Dec. Mini Sp must hold above 1130.00 to have [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,61],"tags":[102],"class_list":["post-2128","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-futures-trading-2","tag-mini-sp-500"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=2128"}],"version-history":[{"count":8,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2128\/revisions"}],"predecessor-version":[{"id":8093,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2128\/revisions\/8093"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}