{"id":2358,"date":"2011-10-11T00:33:15","date_gmt":"2011-10-11T00:33:15","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2358"},"modified":"2017-07-03T00:12:26","modified_gmt":"2017-07-03T08:12:26","slug":"trading-levels-economic-reports-for-10-11-2011","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-economic-reports-for-10-11-2011\/","title":{"rendered":"Trading Levels &#038; Economic Reports for  10-11-2011"},"content":{"rendered":"<p><strong><br \/>\n<\/strong><\/p>\n<p><span style=\"text-decoration: underline;\">In this post:<\/span><\/p>\n<p><strong> 1. Market Commentary<\/strong><\/p>\n<p><strong> <\/strong><strong>2. Support and Resistance Levels<\/strong><\/p>\n<p><strong>3. Daily Mini <a href=\"https:\/\/www.cannontrading.com\/futures-market\/indices\/E-mini-SP-500-Futures\" target=\"_blank\">Mini S&amp;P 500<\/a> Futures Chart<\/strong><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<h3>1. Market Commentary<\/h3>\n<p>Today&#8217;s rally was impressive and completed my target I mentioned over a week ago.<\/p>\n<p>We crossed the 50 day moving average and closed above it as well. The BIG question is &#8221; was the fact that this price action took place during a bank holiday on MUCH lower volume be a fake out?&#8221;<\/p>\n<p>I guess the next few days will provide answers, in between daily chart of the SP500 ( big Sp, pit session) for your review below ( I included the 50 day Moving Avg. as well as the 100 day moving avg.):<!--more--><\/p>\n<p>GOOD TRADING!<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" title=\"\"><\/p>\n<h3>2. SUPPORT AND RESISTANCE LEVELS<\/h3>\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 (Dec. 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>1219.33<\/td>\n<td>2375.92<\/td>\n<td>1164<\/td>\n<td>721.90<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 2<\/strong><\/td>\n<td>1205.67<\/td>\n<td>2326.58<\/td>\n<td>11569<\/td>\n<td>703.40<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Resistance 1<\/strong><\/td>\n<td>1198.33<\/td>\n<td>2301.67<\/td>\n<td>11469<\/td>\n<td>693.30<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Pivot<\/strong><\/td>\n<td>1184.67<\/td>\n<td>2252.33<\/td>\n<td>11274<\/td>\n<td>674.80<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 1<\/strong><\/td>\n<td>1177.33<\/td>\n<td>2227.42<\/td>\n<td>11174<\/td>\n<td>664.70<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 2<\/strong><\/td>\n<td>1163.67<\/td>\n<td>2178.08<\/td>\n<td>10979<\/td>\n<td>646.20<\/td>\n<\/tr>\n<tr>\n<td height=\"26\"><strong>Support 3<\/strong><\/td>\n<td>1156.33<\/td>\n<td>2153.17<\/td>\n<td>10879<\/td>\n<td>636.10<\/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\">Dec. Euro<\/td>\n<td width=\"86\">Nov. 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>1702.5<\/td>\n<td>1.4081<\/td>\n<td>90.32<\/td>\n<td>141 29\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"22\"><strong>Resistance 2<\/strong><\/td>\n<td>1689.6<\/td>\n<td>1.3886<\/td>\n<td>88.21<\/td>\n<td>141 2\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Resistance 1<\/strong><\/td>\n<td>1683.2<\/td>\n<td>1.3762<\/td>\n<td>86.98<\/td>\n<td>140 9\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Pivot<\/strong><\/td>\n<td>1670.3<\/td>\n<td>1.3567<\/td>\n<td>84.87<\/td>\n<td>1139 14\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 1<\/strong><\/td>\n<td>1663.9<\/td>\n<td>1.3443<\/td>\n<td>83.64<\/td>\n<td>138 21\/32<\/td>\n<\/tr>\n<tr>\n<td width=\"128\" height=\"26\"><strong>Support 2<\/strong><\/td>\n<td>1651.0<\/td>\n<td>1.3248<\/td>\n<td>81.53<\/td>\n<td>137 26\/32<\/td>\n<\/tr>\n<tr>\n<td height=\"26\"><strong>Support 3<\/strong><\/td>\n<td>1644.6<\/td>\n<td>1.3124<\/td>\n<td>80.30<\/td>\n<td>137 1\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" title=\"\"><\/h3>\n<h3>3. Daily Mini S&amp;P 500 Futures Chart from October 10, 2011<\/h3>\n<p><span style=\"font-size: small;\"><span style=\"line-height: normal;\"><span style=\"font-size: small;\"><span style=\"font-size: small;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2372\" title=\"Daily Mini S&amp;P 500 Futures Chart from October 10, 2011\" alt=\"Daily Mini S&amp;P 500 Futures Chart from October 10, 2011\" src=\"https:\/\/www.cannontrading.com\/daily\/wp-content\/uploads\/W7nos.png\" width=\"672\" height=\"704\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/W7nos.png 672w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/W7nos-286x300.png 286w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><br \/>\n<\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: small;\"><span style=\"line-height: normal;\"><span style=\"font-size: small;\"><span style=\"font-size: small;\"><br \/>\n<\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this post: 1. Market Commentary 2. Support and Resistance Levels 3. Daily Mini Mini S&amp;P 500 Futures Chart 1. Market Commentary Today&#8217;s rally was impressive and completed my target I mentioned over a week ago. We crossed the 50 day moving average and closed above it as well. The BIG question is &#8221; was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"tags":[350,549],"class_list":["post-2358","post","type-post","status-publish","format-standard","hentry","category-trading-guide","tag-economic-reports","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2358","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=2358"}],"version-history":[{"count":13,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2358\/revisions"}],"predecessor-version":[{"id":12696,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2358\/revisions\/12696"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}