{"id":2927,"date":"2012-01-09T13:22:29","date_gmt":"2012-01-09T21:22:29","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=2927"},"modified":"2014-09-12T01:26:47","modified_gmt":"2014-09-12T09:26:47","slug":"weekly-chart-for-long-term-review","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-chart-for-long-term-review\/","title":{"rendered":"Weekly Chart for Long Term Review | 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 Tuesday, January 10, 2012<\/a><\/strong><\/p>\n

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

1. Market Commentary<\/h3>\n

Still lighter volume than normal today….Choppy action.<\/p>\n

Weekly chart for longer term view below:
\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>\n1286.00<\/td>\n2381.17<\/td>\n12423<\/td>\n764.03<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1281.50<\/td>\n2370.83<\/td>\n12382<\/td>\n758.17<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1278.50<\/td>\n2358.67<\/td>\n12358<\/td>\n754.33<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1274.00<\/td>\n2348.33<\/td>\n12317<\/td>\n748.47<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1271.00<\/td>\n2336.17<\/td>\n12293<\/td>\n744.63<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1266.50<\/td>\n2325.83<\/td>\n12252<\/td>\n738.77<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1263.50<\/td>\n2313.67<\/td>\n12228<\/td>\n734.93<\/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>\n1635.8<\/td>\n1.2940<\/td>\n104.38<\/td>\n144 29\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1629.5<\/td>\n1.2865<\/td>\n103.27<\/td>\n144 10\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1619.7<\/td>\n1.2822<\/td>\n102.33<\/td>\n143 21\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1613.4<\/td>\n1.2747<\/td>\n101.22<\/td>\n143 2\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1603.6<\/td>\n1.2704<\/td>\n100.28<\/td>\n142 13\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1597.3<\/td>\n1.2629<\/td>\n99.17<\/td>\n141 26\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1587.5<\/td>\n1.2586<\/td>\n98.23<\/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>\n670.8<\/td>\n652.7<\/td>\n1267.50<\/td>\n2988.5<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n666.7<\/td>\n648.1<\/td>\n1251.00<\/td>\n2954.5<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n659.3<\/td>\n644.9<\/td>\n1242.00<\/td>\n2923.0<\/td>\n<\/tr>\n
Pivot Point<\/td>\n655.2<\/td>\n640.3<\/td>\n1225.50<\/td>\n2889.0<\/td>\n<\/tr>\n
Support Level 1<\/td>\n647.8<\/td>\n637.2<\/td>\n1216.5<\/td>\n2857.5<\/td>\n<\/tr>\n
Support Level 2<\/td>\n643.7<\/td>\n632.6<\/td>\n1200.00<\/td>\n2823.5<\/td>\n<\/tr>\n
Support Level 3<\/td>\n636.3<\/td>\n629.4<\/td>\n1191.00<\/td>\n2792.0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

5. Economic Reports<\/h3>\n

IBD\/TIPP Economic Optimism
\n10:00am<\/p>\n

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

FOMC Member Williams Speaks
\n10:30am<\/p>\n

FOMC Member Pianalto Speaks
\n11:10am<\/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 Tuesday, January 10, 2012 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,67,61],"tags":[949,49],"class_list":["post-2927","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-future-trading-news","category-futures-trading-2","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\/2927","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=2927"}],"version-history":[{"count":11,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2927\/revisions"}],"predecessor-version":[{"id":7431,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/2927\/revisions\/7431"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=2927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=2927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=2927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}