{"id":2736,"date":"2011-12-08T23:32:41","date_gmt":"2011-12-09T07:32:41","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2736"},"modified":"2014-09-11T23:31:33","modified_gmt":"2014-09-12T07:31:33","slug":"rollover-notice-and-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/rollover-notice-and-support-and-resistance-levels\/","title":{"rendered":"Rollover Notice and 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 Friday, December 9, 2011<\/a><\/strong><\/p>\n

 <\/p>\n

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

1. Market Commentary<\/strong><\/h3>\n

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 8th at 8:30 am Chicago time from the December 2011 contract to the March 2012 contract. The month code for March is ‘H’.
\nIt is recommended that all new positions be placed in the March contract as of Thursday’s trade date.
\nPlease close any open December Currencies positions by the close on Friday, December 16th.
\nShould you have any further questions please contact your futures broker.<\/p>\n

Since we are now trading MARCH contracts for all stock indices, daily chart of MARCH MINI SP 500 for your review below along with a potential SWING trade going short.<\/p>\n

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

<\/a>2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000<\/strong><\/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>\n1275.83<\/td>\n2357.33<\/td>\n12298<\/td>\n777.23<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1265.62<\/td>\n2340.17<\/td>\n12231<\/td>\n765.27<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1250.93<\/td>\n2311.33<\/td>\n12109<\/td>\n744.53<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1240.72<\/td>\n2294.17<\/td>\n12042<\/td>\n732.57<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1226.03<\/td>\n2265.33<\/td>\n11920<\/td>\n711.83<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1215.82<\/td>\n2248.17<\/td>\n11853<\/td>\n699.87<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1201.13<\/td>\n2219.33<\/td>\n11731<\/td>\n679.13<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/strong><\/p>\n

<\/a>3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds<\/strong><\/h3>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nFeb. Gold<\/td>\nDec. Euro<\/td>\nJan. Crude Oil<\/td>\nMarch. Bonds<\/td>\n<\/tr>\n<\/thead>\n
Resistance Level 3<\/td>\n1798.6<\/td>\n1.3617<\/td>\n104.59<\/td>\n145 20\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1779.5<\/td>\n1.3539<\/td>\n103.16<\/td>\n144\u00a0 5\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1745.9<\/td>\n1.3444<\/td>\n100.57<\/td>\n143 13\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1726.8<\/td>\n1.3366<\/td>\n99.14<\/td>\n141 30\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1693.2<\/td>\n1.3271<\/td>\n96.55<\/td>\n141\u00a0 6\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1674.1<\/td>\n1.3193<\/td>\n95.12<\/td>\n139 23\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1640.5<\/td>\n1.3098<\/td>\n92.53<\/td>\n138 31\/32<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/strong><\/p>\n

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

5. Economic Reports<\/h3>\n

German Final CPI
\n2:00am<\/p>\n

German Trade Balance
\n2:00am<\/p>\n

German WPI
\n9th – 13th<\/p>\n

French Industrial Production
\n2:45am<\/p>\n

French Government Budget Balance
\n2:45am<\/p>\n

EU Economic Summit
\nAll Day<\/p>\n

Trade Balance
\n8:30am<\/p>\n

Prelim UoM Consumer Sentiment
\n9:55am<\/p>\n

Prelim UoM Inflation Expectations
\n9:55am<\/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 Friday, December 9, 2011   1. Market Commentary Please note that Equity Indices products; TF, ES, NQ, EMD […]<\/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":[949,49],"class_list":["post-2736","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-future-trading-news","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2736","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=2736"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2736\/revisions"}],"predecessor-version":[{"id":8243,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2736\/revisions\/8243"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}