{"id":2456,"date":"2011-10-27T21:29:33","date_gmt":"2011-10-27T21:29:33","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2456"},"modified":"2014-09-11T05:13:27","modified_gmt":"2014-09-11T13:13:27","slug":"euro-currency-futures-market-daily-mini-sp-500-futures-chart-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/euro-currency-futures-market-daily-mini-sp-500-futures-chart-support-and-resistance-levels\/","title":{"rendered":"Euro Currency Futures Market | Daily Mini S&P 500 Futures Chart | Support and Resistance Levels"},"content":{"rendered":"

 <\/p>\n

In this post:<\/span><\/p>\n

1. Market Commentary<\/strong> <\/strong>
\n2. Support and Resistance Levels<\/strong>
\n3. Daily Mini Mini S&P 500<\/a> Futures Chart<\/strong><\/p>\n

\"\"<\/p>\n

1. Market Commentary<\/h3>\n

HUGE upside move….<\/p>\n

I mentioned last week that I expect a BIG move and provided two scenarios (please see blog from Oct. 21st<\/a>)….If I could only know for sure which way the move will go….hindsight is 20\/20<\/p>\n

The big question is whats ahead for stock index futures ( mini SP500, Mini Dow, Mini NASDAQ 100, Mini Russell 2000 and the rest of the family…). It seems that right now, the main factor is Europe.<\/p>\n

GOOD TRADING!<\/p>\n

\"\"<\/p>\n

2. Support and Resistance Levels<\/h3>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Contract (Dec. 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<\/td>\n1320.77<\/td>\n2504.92<\/td>\n12745<\/td>\n825.87<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1304.73<\/td>\n2456.83<\/td>\n12487<\/td>\n797.13<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1292.87<\/td>\n2425.17<\/td>\n12323<\/td>\n780.17<\/td>\n<\/tr>\n
Pivot<\/td>\n1276.83<\/td>\n2377.08<\/td>\n12065<\/td>\n751.43<\/td>\n<\/tr>\n
Support 1<\/td>\n1264.97<\/td>\n2345.42<\/td>\n11901<\/td>\n734.47<\/td>\n<\/tr>\n
Support 2<\/td>\n1248.93<\/td>\n2297.33<\/td>\n11643<\/td>\n705.73<\/td>\n<\/tr>\n
Support 3<\/td>\n1237.07<\/td>\n2265.67<\/td>\n11479<\/td>\n688.77<\/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<\/td>\n1792.2<\/td>\n1.4712<\/td>\n98.65<\/td>\n139 22\/32<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1770.8<\/td>\n1.4476<\/td>\n96.45<\/td>\n138 21\/32<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1757.4<\/td>\n1.4329<\/td>\n95.14<\/td>\n137 8\/32<\/td>\n<\/tr>\n
Pivot<\/td>\n1736.0<\/td>\n1.4093<\/td>\n92.94<\/td>\n136 7\/32<\/td>\n<\/tr>\n
Support 1<\/td>\n1722.6<\/td>\n1.3946<\/td>\n91.63<\/td>\n134 26\/32<\/td>\n<\/tr>\n
Support 2<\/td>\n1701.2<\/td>\n1.3710<\/td>\n89.43<\/td>\n133 25\/32<\/td>\n<\/tr>\n
Support 3<\/td>\n1687.8<\/td>\n1.3563<\/td>\n88.12<\/td>\n132 12\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"\"<\/p>\n

3. Daily Mini Mini S&P 500<\/a> Futures Chart<\/h3>\n

Below you will see a daily chart of the Euro Currency futures from today, Oct. 27th 2011.<\/p>\n

The Euro currency crossed both the 50% Fibonacci retracement level as well as the 50 day moving average and as of now 142.70 is what standing in the way of this market to test previous highs around 145.38.<\/p>\n

Support at 140 and 138.<\/p>\n

I know many of you focus on day-trading stock index futures like the mini SP 500, so for now, it might be wise for you to keep an eye on the Euro currency as well for its correlation with the stock market.<\/p>\n

\"Daily<\/p>\n","protected":false},"excerpt":{"rendered":"

  In this post: 1. Market Commentary 2. Support and Resistance Levels 3. Daily Mini Mini S&P 500 Futures Chart 1. Market Commentary HUGE upside move…. I mentioned last week that I expect a BIG move and provided two scenarios (please see blog from Oct. 21st)….If I could only know for sure which way the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[167],"tags":[553,554,402],"class_list":["post-2456","post","type-post","status-publish","format-standard","hentry","category-currency-futures","tag-daily-mini-sp-500","tag-euro-currency-futures-market","tag-futures-chart"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2456","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=2456"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2456\/revisions"}],"predecessor-version":[{"id":8164,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2456\/revisions\/8164"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}