{"id":2273,"date":"2011-09-27T00:14:11","date_gmt":"2011-09-27T00:14:11","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2273"},"modified":"2017-07-04T04:34:57","modified_gmt":"2017-07-04T12:34:57","slug":"keeping-an-eye-on-market-volatility-in-the-pit-sp-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/keeping-an-eye-on-market-volatility-in-the-pit-sp-support-and-resistance-levels\/","title":{"rendered":"Keeping an Eye on Market Volatility in the Pit S&P | Support and Resistance Levels"},"content":{"rendered":"

In this post:<\/span>
\n
\n1. Market Commentary
\n2. Support and Resistance Levels
\n3. Daily S&P 500 Futures Chart
\n4. Economic Reports
\n5. Earnings Releases
\n<\/strong><\/p>\n

\"\"<\/p>\n

<\/p>\n

1. Market Commentary<\/h3>\n

We closed the first gap on the pit session\/ BIG SP as you can see below.<\/p>\n

If market has more volume on the buy side, the next target is 1185, on the other hand if volume dries out up in these levels, I will be watching price action around 1149 and 1129 before deciding which way offers better risk\/ reward.<\/p>\n

At this point, I am neutral and will wait for market to give me some clues before deciding which way to attack.<\/p>\n

Daily SP 500 chart for your review below:<\/p>\n

GOOD TRADING!<\/p>\n

\"\"<\/p>\n

<\/p>\n

2. SUPPORT AND RESISTANCE LEVELS!<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
Contract (Sept. 2011)<\/td>\nSP500 (big & Mini)<\/td>\nNasdaq100 (big & Mini)<\/td>\nDow Jones (big & Mini)<\/td>\nMini Russell<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/strong><\/td>\n1204.00<\/td>\n2322.33<\/td>\n11539<\/td>\n694.93<\/td>\n<\/tr>\n
Resistance 2<\/strong><\/td>\n1181.25<\/td>\n2277.42<\/td>\n11259<\/td>\n678.67<\/td>\n<\/tr>\n
Resistance 1<\/strong><\/td>\n1169.50<\/td>\n2252.08<\/td>\n11110<\/td>\n670.03<\/td>\n<\/tr>\n
Pivot<\/strong><\/td>\n1146.75<\/td>\n2207.17<\/td>\n10830<\/td>\n653.77<\/td>\n<\/tr>\n
Support 1<\/strong><\/td>\n1135.00<\/td>\n2181.83<\/td>\n10681<\/td>\n645.13<\/td>\n<\/tr>\n
Support 2<\/strong><\/td>\n1112.25<\/td>\n2136.92<\/td>\n10401<\/td>\n628.87<\/td>\n<\/tr>\n
Support 3<\/strong><\/td>\n1100.50<\/td>\n2111.58<\/td>\n10252<\/td>\n620.23<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nDec. Gold<\/td>\nDec. Euro<\/td>\nNov. Crude Oil<\/td>\nDec. Bonds<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/strong><\/td>\n1691.9<\/td>\n1.3769<\/td>\n86.97<\/td>\n145 18\/32<\/td>\n<\/tr>\n
Resistance 2<\/strong><\/td>\n1663.5<\/td>\n1.3657<\/td>\n84.16<\/td>\n144 31\/32<\/td>\n<\/tr>\n
Resistance 1<\/strong><\/td>\n1643.3<\/td>\n1.3581<\/td>\n82.72<\/td>\n144<\/td>\n<\/tr>\n
Pivot<\/strong><\/td>\n1614.9<\/td>\n1.3469<\/td>\n79.91<\/td>\n143 13\/32<\/td>\n<\/tr>\n
Support 1<\/strong><\/td>\n1594.7<\/td>\n1.3393<\/td>\n78.47<\/td>\n142 14\/32<\/td>\n<\/tr>\n
Support 2<\/strong><\/td>\n1566.3<\/td>\n1.3281<\/td>\n75.66<\/td>\n141 27\/32<\/td>\n<\/tr>\n
Support 3<\/strong><\/td>\n1546.1<\/td>\n1.3205<\/td>\n74.22<\/td>\n140 28\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"<\/p>\n

<\/p>\n

3. Daily S&P 500 Pit Chart from September 26, 2011<\/h3>\n

\"Daily<\/p>\n

4. Economic Reports for Tuesday September 27, 2011<\/h3>\n

S&P\/CS Composite-20 HPI y\/y
\n9:00am<\/p>\n

CB Consumer Confidence
\n10:00am<\/p>\n

Richmond Manufacturing Index
\n10:00am<\/p>\n

FOMC Member Fisher Speaks
\n1:20pm<\/p>\n

Economics Report Source: http:\/\/www.forexfactory.com\/calendar.php<\/a><\/em><\/p>\n

\"\"<\/p>\n

<\/p>\n

5. Earnings Releases<\/h3>\n\n\n\n\n\n\n\n\n\n\n
SYMBOL<\/td>\nCOMPANY<\/td>\nEVENT TITLE<\/td>\nEPS ESTIMATE<\/td>\nEPS ACTUAL<\/td>\nPREV. YEAR ACTUAL<\/td>\nDATE\/TIME (ET)<\/td>\n<\/tr>\n<\/thead>\n
CALM<\/td>\nCal-Maine Foods Inc<\/td>\nQ1 2012 Cal Maine Foods Inc Earnings Release<\/td>\n$ 0.20<\/td>\nn\/a<\/td>\n$ 0.09<\/td>\n26-Sep BMO<\/td>\n<\/tr>\n
AMER.L<\/td>\nAmerisur Resources PLC<\/td>\nInterim 2011 Amerisur Resources PLC Earnings Release (for the 6 months ended 30 June 2011)<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n26-Sep<\/td>\n<\/tr>\n
9977.OS<\/td>\nAoki Super Co Ltd<\/td>\nQ2 2012 Aoki Super Co Ltd Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n26-Sep AMC<\/td>\n<\/tr>\n
ARU.AX<\/td>\nArafura Resources Ltd<\/td>\nPreliminary 2011 Arafura Resources Ltd Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n26-Sep AMC<\/td>\n<\/tr>\n
ARYN.S<\/td>\nAryzta AG<\/td>\nFull Year 2010\/2011 Aryzta AG Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n26-Sep 1:00 AM<\/td>\n<\/tr>\n
ASTR.L<\/td>\nAstaire Group PLC<\/td>\nInterim 2011 Astaire Group PLC Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n26-Sep<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

In this post: 1. Market Commentary 2. Support and Resistance Levels 3. Daily S&P 500 Futures Chart 4. Economic Reports 5. Earnings Releases 1. Market Commentary We closed the first gap on the pit session\/ BIG SP as you can see below. If market has more volume on the buy side, the next target is […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[515,49],"class_list":["post-2273","post","type-post","status-publish","format-standard","hentry","category-futures-trading-2","tag-market-volatility","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2273","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=2273"}],"version-history":[{"count":11,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2273\/revisions"}],"predecessor-version":[{"id":12802,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2273\/revisions\/12802"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}