{"id":2808,"date":"2011-12-22T07:49:23","date_gmt":"2011-12-22T15:49:23","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=2808"},"modified":"2017-07-04T04:36:48","modified_gmt":"2017-07-04T12:36:48","slug":"market-commentary-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/market-commentary-support-and-resistance-levels\/","title":{"rendered":"Market Commentary | Support and Resistance Levels"},"content":{"rendered":"

span style=”text-decoration: underline;”>Jump to a section in this post:
\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 Thursday, December 22, 2011<\/a><\/strong><\/p>\n

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

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

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000<\/strong><\/p>\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 2<\/td>\n1249.35<\/td>\n2290.67<\/td>\n12118<\/td>\n759.20<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1243.80<\/td>\n2268.33<\/td>\n12082<\/td>\n748.70<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1233.45<\/td>\n2241.67<\/td>\n12008<\/td>\n735.60<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1227.90<\/td>\n2219.33<\/td>\n11972<\/td>\n725.10<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1217.55<\/td>\n2192.67<\/td>\n11898<\/td>\n712.00<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1212.00<\/td>\n2170.33<\/td>\n11862<\/td>\n701.50<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/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>\n1638.0<\/td>\n1.3362<\/td>\n102.29<\/td>\n145 18\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1630.0<\/td>\n1.3293<\/td>\n100.77<\/td>\n145 3\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1623.7<\/td>\n1.3176<\/td>\n99.84<\/td>\n144 3\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1615.7<\/td>\n1.3107<\/td>\n98.32<\/td>\n143 20\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1609.4<\/td>\n1.2990<\/td>\n97.39<\/td>\n142 20\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1601.4<\/td>\n1.2921<\/td>\n95.87<\/td>\n142 5\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1595.1<\/td>\n1.2804<\/td>\n94.94<\/td>\n141 5\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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>\n640.3<\/td>\n638.7<\/td>\n1191.17<\/td>\n3109.0<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n629.7<\/td>\n628.3<\/td>\n1175.08<\/td>\n3065.0<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n622.3<\/td>\n620.7<\/td>\n1164.42<\/td>\n3001.0<\/td>\n<\/tr>\n
Pivot Point<\/td>\n611.7<\/td>\n610.3<\/td>\n1148.33<\/td>\n2957.0<\/td>\n<\/tr>\n
Support Level 1<\/td>\n604.3<\/td>\n602.7<\/td>\n1137.7<\/td>\n2893.0<\/td>\n<\/tr>\n
Support Level 2<\/td>\n593.7<\/td>\n592.3<\/td>\n1121.58<\/td>\n2849.0<\/td>\n<\/tr>\n
Support Level 3<\/td>\n586.3<\/td>\n584.7<\/td>\n1110.92<\/td>\n2785.0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

5. Economic Reports<\/h3>\n

Unemployment Claims
\n8:30am<\/p>\n

Final GDP
\n8:30am<\/p>\n

Final GDP Price Index
\n8:30am<\/p>\n

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

Revised UoM Inflation Expectations
\n9:55am<\/p>\n

CB Leading Index
\n10:00am<\/p>\n

OFHEO HPI
\n10:00am<\/p>\n

Natural Gas Storage
\n10:30am<\/p>\n","protected":false},"excerpt":{"rendered":"

span style=”text-decoration: underline;”>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 Thursday, December […]<\/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":[105,49],"class_list":["post-2808","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-market-commentary","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2808","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=2808"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2808\/revisions"}],"predecessor-version":[{"id":12339,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2808\/revisions\/12339"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}