{"id":3125,"date":"2012-02-13T23:42:14","date_gmt":"2012-02-14T07:42:14","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3125"},"modified":"2014-09-12T02:04:33","modified_gmt":"2014-09-12T10:04:33","slug":"mini-nasdaq-100-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/mini-nasdaq-100-support-and-resistance-levels\/","title":{"rendered":"Mini Nasdaq 100 | Support and Resistance Levels"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\">Jump to a section in this post:<\/span><br \/>\n<strong>1. <a href=\"#one\">Market Commentary<\/a><\/strong><br \/>\n<strong>2. <a href=\"#two\">Support and Resistance Levels &#8211; S&amp;P, Nasdaq, Dow Jones, Russell 2000<\/a><\/strong><br \/>\n<strong>3. <a href=\"#three\">Support and Resistance Levels &#8211; Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong><br \/>\n<strong>4. <a href=\"#four\">Support and Resistance Levels &#8211; March Corn, March Wheat, Jan Beans, March Silver<\/a><\/strong><br \/>\n<strong>5.<a href=\"#five\">Economic Report for February 10, 2012<\/a><\/strong><\/p>\n<h3>1. Market Commentary<\/h3>\n<p>Hello Traders,<\/p>\n<p>Hope everyone had a good start for their week.<\/p>\n<p>Below is a daily chart of the Mini Nasdaq 100.<\/p>\n<p>Its been almost a straight line up BUT notice how the open interest is increasing and volume is actually declining&#8230;.Sometimes that can be a sign that a strong correction may happen.<\/p>\n<p>I would NOT try to fight the current uptrend but if I see this market breaking below 2530 over the next couple of days, I would feel stronger about the short side for a correction.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3126\" title=\"Market Commentary\" alt=\"Market Commentary\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2012\/02\/536.png\" width=\"640\" height=\"912\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2012\/02\/536.png 640w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2012\/02\/536-210x300.png 210w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><!--more--><\/p>\n<h3><strong><a name=\"two\"><\/a>2. Support and Resistance Levels &#8211; S&amp;P, Nasdaq, Dow Jones, Russell 2000<\/strong><\/h3>\n<table class=\"blog_table\" style=\"font-weight: bold;\" summary=\"Support and Resistance Levels for trading - S&amp;P 500, Nasdaq 100, Dow Jones, Mini Russell\">\n<thead>\n<tr>\n<td width=\"168\" height=\"43\">Contract (Dec. 2011)<\/td>\n<td width=\"130\">SP500<br \/>\n(big &amp; Mini)<\/td>\n<td width=\"130\">Nasdaq100<br \/>\n(big &amp; Mini)<\/td>\n<td width=\"130\">Dow Jones<br \/>\n(big &amp; Mini)<\/td>\n<td width=\"130\">Mini Russell<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">1360.27<\/td>\n<td rowspan=\"1\" colspan=\"1\">2598.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">12913<\/td>\n<td rowspan=\"1\" colspan=\"1\">835.10<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1355.38<\/td>\n<td rowspan=\"1\" colspan=\"1\">2585.67<\/td>\n<td rowspan=\"1\" colspan=\"1\">12880<\/td>\n<td rowspan=\"1\" colspan=\"1\">829.60<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1352.57<\/td>\n<td rowspan=\"1\" colspan=\"1\">2576.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">12857<\/td>\n<td rowspan=\"1\" colspan=\"1\">826.30<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Pivot Point<\/td>\n<td rowspan=\"1\" colspan=\"1\">1347.68<\/td>\n<td rowspan=\"1\" colspan=\"1\">2563.67<\/td>\n<td rowspan=\"1\" colspan=\"1\">12824<\/td>\n<td rowspan=\"1\" colspan=\"1\">820.80<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1344.87<\/td>\n<td rowspan=\"1\" colspan=\"1\">2554.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">12801<\/td>\n<td rowspan=\"1\" colspan=\"1\">817.50<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1339.98<\/td>\n<td rowspan=\"1\" colspan=\"1\">2541.67<\/td>\n<td rowspan=\"1\" colspan=\"1\">12768<\/td>\n<td rowspan=\"1\" colspan=\"1\">812.00<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">1337.17<\/td>\n<td rowspan=\"1\" colspan=\"1\">2532.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">12745<\/td>\n<td rowspan=\"1\" colspan=\"1\">808.70<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong><a name=\"three\"><\/a>3. Support &amp; Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds<\/strong><\/h3>\n<table class=\"blog_table\" style=\"font-weight: bold;\" summary=\"Support and Resistance Levels for trading - Gold, Euro, Crude Oil, and U.S. Treasury Bonds\">\n<thead>\n<tr>\n<td width=\"168\" height=\"43\">Contract<\/td>\n<td width=\"130\">April. Gold<\/td>\n<td width=\"130\">March Euro<\/td>\n<td width=\"130\">Feb. Crude Oil<\/td>\n<td width=\"130\">March. Bonds<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">1751.9<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3354<\/td>\n<td rowspan=\"1\" colspan=\"1\">103.12<\/td>\n<td rowspan=\"1\" colspan=\"1\">144 11\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1743.6<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3319<\/td>\n<td rowspan=\"1\" colspan=\"1\">102.02<\/td>\n<td rowspan=\"1\" colspan=\"1\">143 22\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1734.2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3258<\/td>\n<td rowspan=\"1\" colspan=\"1\">101.30<\/td>\n<td rowspan=\"1\" colspan=\"1\">143 5\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Pivot Point<\/td>\n<td rowspan=\"1\" colspan=\"1\">1725.9<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3223<\/td>\n<td rowspan=\"1\" colspan=\"1\">100.20<\/td>\n<td rowspan=\"1\" colspan=\"1\">142 16\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1716.5<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3162<\/td>\n<td rowspan=\"1\" colspan=\"1\">99.48<\/td>\n<td rowspan=\"1\" colspan=\"1\">141 31\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1708.2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3127<\/td>\n<td rowspan=\"1\" colspan=\"1\">98.38<\/td>\n<td rowspan=\"1\" colspan=\"1\">141 10\/32<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">1698.8<\/td>\n<td rowspan=\"1\" colspan=\"1\">1.3066<\/td>\n<td rowspan=\"1\" colspan=\"1\">97.66<\/td>\n<td rowspan=\"1\" colspan=\"1\">140 25\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong><a name=\"four\"><\/a>4. Support &amp; Resistance Levels for Corn, Wheat, Beans and Silver<\/strong><\/h3>\n<table class=\"blog_table\" style=\"font-weight: bold;\" summary=\"Support and Resistance Levels for trading - Gold, Euro, Crude Oil, and U.S. Treasury Bonds\">\n<thead>\n<tr>\n<td width=\"168\" height=\"43\">Contract<\/td>\n<td width=\"130\">March Corn<\/td>\n<td width=\"130\">March Wheat<\/td>\n<td width=\"130\">March Beans<\/td>\n<td width=\"130\">March. Silver<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">652.0<\/td>\n<td rowspan=\"1\" colspan=\"1\">655.7<\/td>\n<td rowspan=\"1\" colspan=\"1\">1277.67<\/td>\n<td rowspan=\"1\" colspan=\"1\">3458.5<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">647.5<\/td>\n<td rowspan=\"1\" colspan=\"1\">649.1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1266.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">3431.0<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Resistance Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">643.5<\/td>\n<td rowspan=\"1\" colspan=\"1\">645.2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1259.17<\/td>\n<td rowspan=\"1\" colspan=\"1\">3400.5<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Pivot Point<\/td>\n<td rowspan=\"1\" colspan=\"1\">639.0<\/td>\n<td rowspan=\"1\" colspan=\"1\">638.6<\/td>\n<td rowspan=\"1\" colspan=\"1\">1247.83<\/td>\n<td rowspan=\"1\" colspan=\"1\">3373.0<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 1<\/td>\n<td rowspan=\"1\" colspan=\"1\">635.0<\/td>\n<td rowspan=\"1\" colspan=\"1\">634.7<\/td>\n<td rowspan=\"1\" colspan=\"1\">1240.7<\/td>\n<td rowspan=\"1\" colspan=\"1\">3342.5<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 2<\/td>\n<td rowspan=\"1\" colspan=\"1\">630.5<\/td>\n<td rowspan=\"1\" colspan=\"1\">628.1<\/td>\n<td rowspan=\"1\" colspan=\"1\">1229.33<\/td>\n<td rowspan=\"1\" colspan=\"1\">3315.0<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"1\" colspan=\"1\">Support Level 3<\/td>\n<td rowspan=\"1\" colspan=\"1\">626.5<\/td>\n<td rowspan=\"1\" colspan=\"1\">624.2<\/td>\n<td rowspan=\"1\" colspan=\"1\">1222.17<\/td>\n<td rowspan=\"1\" colspan=\"1\">3284.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" title=\"\"><br \/>\n<a name=\"five\"><\/a><\/p>\n<h3>5. Economic Reports<\/h3>\n<p>German ZEW Economic Sentiment<br \/>\n5:00am<\/p>\n<p>Industrial Production<br \/>\n5:00am<\/p>\n<p>ZEW Economic Sentiment<br \/>\n5:00am<\/p>\n<p>Core Retail Sales<br \/>\n8:30am<\/p>\n<p>Retail Sales<br \/>\n8:30am<\/p>\n<p>Import Prices<br \/>\n8:30am<\/p>\n<p>Business Inventories<br \/>\n10:00am<\/p>\n<p>Treasury Sec Geithner Speaks<br \/>\n10:00am<\/p>\n<p>FOMC Member Lockhart Speaks<br \/>\n5:40pm<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jump to a section in this post: 1. Market Commentary 2. Support and Resistance Levels &#8211; S&amp;P, Nasdaq, Dow Jones, Russell 2000 3. Support and Resistance Levels &#8211; Gold, Euro, Crude Oil, T-Bonds 4. Support and Resistance Levels &#8211; March Corn, March Wheat, Jan Beans, March Silver 5.Economic Report for February 10, 2012 1. Market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,30],"tags":[149,134,602],"class_list":["post-3125","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-futures-broker-2","tag-commodity-futures-broker","tag-futures-trading-brokers","tag-futures-trading-online"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3125","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=3125"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3125\/revisions"}],"predecessor-version":[{"id":5660,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3125\/revisions\/5660"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}