{"id":2744,"date":"2011-12-11T22:03:32","date_gmt":"2011-12-12T06:03:32","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2744"},"modified":"2014-09-11T23:33:13","modified_gmt":"2014-09-12T07:33:13","slug":"market-commentary-and-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/market-commentary-and-support-and-resistance-levels\/","title":{"rendered":"Market Commentary – 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. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver<\/a><\/strong>
\n5. Economic Reports for Monday, December 12, 2011<\/a><\/strong><\/p>\n

 <\/p>\n

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

Front month for equity indices is MARCH 2012<\/p>\n

mini SP, mini Nasdaq, mini Russell, Mini Dow and few more are all March 2012<\/p>\n

Symbol in most platforms for March mini SP is ESH2. Pay attention please!<\/p>\n

Weekly newsletter for your review is now available on our website.\u00a0Click here to view.<\/a> <\/strong><\/p>\n

HAVE A GREAT WEEKEND!<\/p>\n

<\/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>\n1277.00<\/td>\n2370.33<\/td>\n12323<\/td>\n783.00<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1264.65<\/td>\n2346.67<\/td>\n12227<\/td>\n763.00<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1257.70<\/td>\n2332.33<\/td>\n12168<\/td>\n752.90<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1245.35<\/td>\n2308.67<\/td>\n12072<\/td>\n732.90<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1238.40<\/td>\n2294.33<\/td>\n12013<\/td>\n722.80<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1226.05<\/td>\n2270.67<\/td>\n11917<\/td>\n702.80<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1219.10<\/td>\n2256.33<\/td>\n11858<\/td>\n692.70<\/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\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>\n1737.8<\/td>\n1.3598<\/td>\n102.52<\/td>\n144\u00a0 1\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1731.2<\/td>\n1.3516<\/td>\n101.07<\/td>\n143 13\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1723.6<\/td>\n1.3445<\/td>\n100.27<\/td>\n142\u00a0 8\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1717.0<\/td>\n1.3363<\/td>\n98.82<\/td>\n141 20\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1709.4<\/td>\n1.3292<\/td>\n98.02<\/td>\n140 15\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1702.8<\/td>\n1.3210<\/td>\n96.57<\/td>\n139 27\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1695.2<\/td>\n1.3139<\/td>\n95.77<\/td>\n138 22\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

<\/a>4. Support & Resistance Levels for Corn, Wheat, Beans and Silver<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nMarch Corn<\/td>\nMarch Wheat<\/td>\nJan. Beans<\/td>\nMarch. Silver<\/td>\n<\/tr>\n<\/thead>\n
Resistance Level 3<\/td>\n621.1<\/td>\n617.2<\/td>\n1157.17<\/td>\n3347.8<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n612.2<\/td>\n608.3<\/td>\n1145.33<\/td>\n3293.7<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n603.1<\/td>\n601.7<\/td>\n1123.92<\/td>\n3258.8<\/td>\n<\/tr>\n
Pivot Point<\/td>\n594.2<\/td>\n592.8<\/td>\n1112.08<\/td>\n3204.7<\/td>\n<\/tr>\n
Support Level 1<\/td>\n585.1<\/td>\n586.2<\/td>\n1090.7<\/td>\n3169.8<\/td>\n<\/tr>\n
Support Level 2<\/td>\n576.2<\/td>\n577.3<\/td>\n1078.83<\/td>\n3115.7<\/td>\n<\/tr>\n
Support Level 3<\/td>\n567.1<\/td>\n570.7<\/td>\n1057.42<\/td>\n3080.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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

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

5. Economic Reports<\/h3>\n

German WPI
\n2:00am<\/p>\n

Federal Budget Balance
\n2:00pm<\/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. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver 5. Economic Reports for Monday, December 12, 2011 […]<\/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":[105],"class_list":["post-2744","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-market-commentary"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2744","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=2744"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2744\/revisions"}],"predecessor-version":[{"id":2746,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2744\/revisions\/2746"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}