{"id":2573,"date":"2011-11-15T15:14:58","date_gmt":"2011-11-15T15:14:58","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2573"},"modified":"2014-09-11T22:59:13","modified_gmt":"2014-09-12T06:59:13","slug":"us-and-europe-reports-60-minute-chart-of-the-dax-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/us-and-europe-reports-60-minute-chart-of-the-dax-support-and-resistance-levels\/","title":{"rendered":"US and Europe Reports | 60 Minute Chart of the DAX | Support and Resistance Levels"},"content":{"rendered":"

Jump to a section in this post:<\/span>
\n1. Market Commentary<\/a><\/strong>
\n2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000<\/a><\/strong>
\n3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4. Economic Reports for Tuesday, November 15 2011<\/a><\/strong><\/p>\n

\"\"
\n<\/a><\/p>\n

1. Market Commentary<\/h3>\n

Tomorrow we have a FULL day with reports in the US as well as Europe that should affect the market. Please scroll down to see list of times, reports and impact level.<\/p>\n

Talking about Europe, one of the more popular foreign stock index markets is the DAX.<\/p>\n

“big market” as far as value per point but many overseas clients as well as some US clients like to trade it because it has good volume during different times of the day and because the large $ amount per tick (actually EURO per tick = 12.50).<\/p>\n

Last week I spoke about different markets to watch for day-trading opportunities, so it is appropriate to include a 60 minute chart of the DAX which had a “small buy signal” ( I would use a stop right below 5900 if I went long)<\/p>\n

\"\"<\/p>\n

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\n<\/a><\/p>\n

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
Contract (Dec. 2011)<\/td>\nSP500
\n(big & Mini)<\/td>\n		Nasdaq100
\n(big & Mini)<\/td>\n		Dow Jones
\n(big & Mini)<\/td>\n		Mini Russell<\/td>\n<\/tr>\n<\/thead>\n
Resistance Level 3<\/td>\n1272.23<\/td>\n2386.50<\/td>\n12237<\/td>\n769.77<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1265.12<\/td>\n2373.00<\/td>\n12178<\/td>\n759.63<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1257.93<\/td>\n2356.00<\/td>\n12112<\/td>\n746.37<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1250.82<\/td>\n2342.50<\/td>\n12053<\/td>\n736.23<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1243.63<\/td>\n2325.50<\/td>\n11987<\/td>\n722.97<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1236.52<\/td>\n2312.00<\/td>\n11928<\/td>\n712.83<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1229.33<\/td>\n2295.00<\/td>\n11862<\/td>\n699.57<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds<\/h3>\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 Level 3<\/td>\n1800.6<\/td>\n1.3954<\/td>\n102.00<\/td>\n143 19\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1794.2<\/td>\n1.3874<\/td>\n100.84<\/td>\n142 27\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1787.9<\/td>\n1.3750<\/td>\n99.50<\/td>\n142 11\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1781.5<\/td>\n1.3670<\/td>\n98.34<\/td>\n141 19\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1775.2<\/td>\n1.3546<\/td>\n97.00<\/td>\n141 3\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1768.8<\/td>\n1.3466<\/td>\n95.84<\/td>\n140 11\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1762.5<\/td>\n1.3342<\/td>\n94.50<\/td>\n139 27\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"
\n<\/a><\/p>\n

4. Economic Reports for Tuesday, November 15, 2011<\/h3>\n

French Prelim GDP
\n1:30am<\/p>\n

German Prelim GDP
\n2:00am<\/p>\n

French Prelim Non-Farm Payrolls
\n2:45am<\/p>\n

Italian Prelim GDP
\nTentative<\/p>\n

Italian Trade Balance
\n4:00am<\/p>\n

German ZEW Economic Sentiment
\n5:00am<\/p>\n

Flash GDP
\n5:00am<\/p>\n

ZEW Economia Sentiment
\n5:00am<\/p>\n

Trade Balance
\n5:00am<\/p>\n

FOMC Member Evans Speaks
\n8:00am<\/p>\n

Core Retail Sales
\n8:30am<\/p>\n

PPI
\n8:30am<\/p>\n

Retail Sales
\n8:30am<\/p>\n

Core PPI
\n8:30am<\/p>\n

Empire State Manufacturing Index
\n8:30am<\/p>\n

Business Inventories
\n10:00am<\/p>\n

FOMC Member Fisher Speaks
\n12:30pm<\/p>\n","protected":false},"excerpt":{"rendered":"

Jump to a section in this post: 1. Market Commentary 2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000 3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4. Economic Reports for Tuesday, November 15 2011 1. Market Commentary Tomorrow we have a FULL day with reports in the US […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[566,565],"class_list":["post-2573","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-dax-chart","tag-us-and-europe-reports"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2573","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=2573"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2573\/revisions"}],"predecessor-version":[{"id":2578,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2573\/revisions\/2578"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}