{"id":2827,"date":"2011-12-28T05:05:31","date_gmt":"2011-12-28T13:05:31","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=2827"},"modified":"2017-06-13T06:18:54","modified_gmt":"2017-06-13T14:18:54","slug":"daily-chart-of-the-dow-jones-cash-index-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/daily-chart-of-the-dow-jones-cash-index-support-and-resistance-levels\/","title":{"rendered":"Daily chart of the Dow Jones cash index | 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 Wednesday, December 28 2011<\/a><\/strong><\/p>\n

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

1. Market Commentary<\/h3>\n

Also, I mentioned before and I am mentioning again, volume is much lighter recent days. Be aware of the change in “intra-day personalities of the markets” and I recommend taking the approach of “no trade is better than a bad trade”….<\/p>\n

We are also light on economic numbers and reports rest of the week as you can see below.<\/p>\n

Daily chart of the Dow Jones cash index for your review below. Note the decline in volume over past few days.<\/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>\n1272.97<\/td>\n2323.92<\/td>\n12323<\/td>\n764.67<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1268.48<\/td>\n2311.33<\/td>\n12288<\/td>\n757.73<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1265.37<\/td>\n2302.17<\/td>\n12266<\/td>\n753.67<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1260.88<\/td>\n2289.58<\/td>\n12231<\/td>\n746.73<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1257.77<\/td>\n2280.42<\/td>\n12209<\/td>\n742.67<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1253.28<\/td>\n2267.83<\/td>\n12174<\/td>\n735.73<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1250.17<\/td>\n2258.67<\/td>\n12152<\/td>\n731.67<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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>\n1611.0<\/td>\n1.3122<\/td>\n104.68<\/td>\n143 6\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1606.3<\/td>\n1.3109<\/td>\n103.23<\/td>\n142 28\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1600.6<\/td>\n1.3097<\/td>\n102.28<\/td>\n142 21\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1595.9<\/td>\n1.3084<\/td>\n100.83<\/td>\n142 11\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1590.2<\/td>\n1.3072<\/td>\n99.88<\/td>\n142 4\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1585.5<\/td>\n1.3059<\/td>\n98.43<\/td>\n141 26\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1579.8<\/td>\n1.3047<\/td>\n97.48<\/td>\n141 19\/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>\n648.9<\/td>\n673.0<\/td>\n1254.33<\/td>\n2966.7<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n642.8<\/td>\n660.0<\/td>\n1234.67<\/td>\n2944.3<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n636.9<\/td>\n653.0<\/td>\n1221.33<\/td>\n2906.2<\/td>\n<\/tr>\n
Pivot Point<\/td>\n630.8<\/td>\n640.0<\/td>\n1201.67<\/td>\n2883.8<\/td>\n<\/tr>\n
Support Level 1<\/td>\n624.9<\/td>\n633.0<\/td>\n1188.3<\/td>\n2845.7<\/td>\n<\/tr>\n
Support Level 2<\/td>\n618.8<\/td>\n620.0<\/td>\n1168.67<\/td>\n2823.3<\/td>\n<\/tr>\n
Support Level 3<\/td>\n612.9<\/td>\n613.0<\/td>\n1155.33<\/td>\n2785.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

5. Economic Reports<\/h3>\n

German Prelim CPI
\nAll Day<\/p>\n

M3 Money Supply
\n4:00am<\/p>\n

Private Loans
\n4:00am<\/p>\n

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

Chicago PMI
\n9:45am<\/p>\n

Pending Home Sales
\n10:00am<\/p>\n

Natural Gas Storage
\n10:30am<\/p>\n

Crude Oil Inventories
\n11:00am<\/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 Wednesday, December 28 2011 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,61],"tags":[110,49],"class_list":["post-2827","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-2","tag-dow-jones-cash-index","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2827","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=2827"}],"version-history":[{"count":12,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2827\/revisions"}],"predecessor-version":[{"id":12579,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2827\/revisions\/12579"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}