{"id":3181,"date":"2012-02-27T23:25:26","date_gmt":"2012-02-28T07:25:26","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3181"},"modified":"2014-09-12T02:14:20","modified_gmt":"2014-09-12T10:14:20","slug":"daily-chart-of-april-crude-oil-futures-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/daily-chart-of-april-crude-oil-futures-support-and-resistance-levels\/","title":{"rendered":"Daily Chart of April Crude Oil Futures"},"content":{"rendered":"

 <\/p>\n

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 Report for February 28, 2012<\/a><\/strong><\/p>\n

Hello Traders,<\/p>\n

While our stock indices markets ( SP, Dow, NASDAQ and Russell ) been trading in very narrow range ( today was a small exception), the crude oil market continues to show the double edge volatility day-traders are looking for.<\/p>\n

Below is a daily chart of April Crude oil futures<\/a>.
\nPS: Stock index futures have shown in the past tendency to go through periods of low volatility and then change to periods of high volatility. The VIX index is a good indicator, which i will try to share more about tomorrow but my point is, be ready for shift in volatility and wider ranges on stock indices….as always, the question is when.<\/p>\n

\"CLE
CLE – Crude light (Globex), Equalized Active Daily Continuation<\/figcaption><\/figure>\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>\n1372.67<\/td>\n2623.92<\/td>\n13058<\/td>\n837.67<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1369.98<\/td>\n2617.83<\/td>\n13027<\/td>\n834.83<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1366.87<\/td>\n2611.17<\/td>\n12998<\/td>\n830.27<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1364.18<\/td>\n2605.08<\/td>\n12967<\/td>\n827.43<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1361.07<\/td>\n2598.42<\/td>\n12938<\/td>\n822.87<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1358.38<\/td>\n2592.33<\/td>\n12907<\/td>\n820.03<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1355.27<\/td>\n2585.67<\/td>\n12878<\/td>\n815.47<\/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>\nApril. Gold<\/td>\nMarch Euro<\/td>\nFeb. Crude Oil<\/td>\nMarch. Bonds<\/td>\n<\/tr>\n<\/thead>\n
Resistance Level 3<\/td>\n1795.6<\/td>\n1.3643<\/td>\n112.46<\/td>\n144 7\/32<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n1790.0<\/td>\n1.3565<\/td>\n111.20<\/td>\n143 21\/32<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n1782.5<\/td>\n1.3513<\/td>\n110.46<\/td>\n143 11\/32<\/td>\n<\/tr>\n
Pivot Point<\/td>\n1776.9<\/td>\n1.3435<\/td>\n109.20<\/td>\n142 25\/32<\/td>\n<\/tr>\n
Support Level 1<\/td>\n1769.4<\/td>\n1.3383<\/td>\n108.46<\/td>\n142 15\/32<\/td>\n<\/tr>\n
Support Level 2<\/td>\n1763.8<\/td>\n1.3305<\/td>\n107.20<\/td>\n141 29\/32<\/td>\n<\/tr>\n
Support Level 3<\/td>\n1756.3<\/td>\n1.3253<\/td>\n106.46<\/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>\nMarch Beans<\/td>\nMarch. Silver<\/td>\n<\/tr>\n<\/thead>\n
Resistance Level 3<\/td>\n653.3<\/td>\n643.3<\/td>\n1294.50<\/td>\n3620.3<\/td>\n<\/tr>\n
Resistance Level 2<\/td>\n648.7<\/td>\n642.9<\/td>\n1292.25<\/td>\n3596.2<\/td>\n<\/tr>\n
Resistance Level 1<\/td>\n646.3<\/td>\n642.1<\/td>\n1289.50<\/td>\n3567.3<\/td>\n<\/tr>\n
Pivot Point<\/td>\n641.7<\/td>\n641.7<\/td>\n1287.25<\/td>\n3543.2<\/td>\n<\/tr>\n
Support Level 1<\/td>\n639.3<\/td>\n640.8<\/td>\n1284.5<\/td>\n3514.3<\/td>\n<\/tr>\n
Support Level 2<\/td>\n634.7<\/td>\n640.4<\/td>\n1282.25<\/td>\n3490.2<\/td>\n<\/tr>\n
Support Level 3<\/td>\n632.3<\/td>\n639.6<\/td>\n1279.50<\/td>\n3461.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

5. Economic Reports<\/h3>\n

8:30am USD
\nCore Durable Goods Orders m\/m<\/p>\n

8:30am USD
\nDurable Goods Orders m\/m<\/p>\n

9:00am USD
\nS&P\/CS Composite-20 HPI y\/y<\/p>\n

10:00am USD
\nCB Consumer Confidence<\/p>\n

10:00am USD
\nFOMC Member Duke Speaks<\/p>\n

10:00am USD
\nRichmond Manufacturing Index<\/p>\n

7:15pm USD
\nFOMC Member Pianalto Speak<\/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 Report for February 28, 2012 Hello […]<\/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],"tags":[84,51,115],"class_list":["post-3181","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-future-trading-news","tag-commodity-futures-trading","tag-crude-oil-futures","tag-crude-oil-futures-chart"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3181","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=3181"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3181\/revisions"}],"predecessor-version":[{"id":5631,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3181\/revisions\/5631"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}