{"id":3322,"date":"2012-03-26T00:31:18","date_gmt":"2012-03-26T08:31:18","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3322"},"modified":"2017-07-14T00:20:07","modified_gmt":"2017-07-14T08:20:07","slug":"dow-theory-support-and-resistance","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/dow-theory-support-and-resistance\/","title":{"rendered":"Dow Theory | Support and Resistance"},"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 March 26, 2012<\/a><\/strong><\/p>\n<p>Hello Traders,<\/p>\n<p>Good reading material for the weekend about the Dow theory on our <a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/dow-theory-hot-market-may-soybeans\">weekly newsletter<\/a>, now available.<\/p>\n<p>Have a great weekend!<\/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 (June 2012)<\/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 colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1408.50<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2756.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">13143<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">846.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1400.85<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2744.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">13087<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">836.30<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1396.30<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2735.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">13053<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">830.60<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1388.65<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2723.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">12997<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">820.90<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1384.10<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2714.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">12963<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">815.20<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1376.45<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">2702.00<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">12907<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">805.50<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" height=\"22\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1371.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">2693.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">12873<\/td>\n<td colspan=\"1\" rowspan=\"1\">799.80<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><!--more--><\/p>\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\">April Crude Oil<\/td>\n<td width=\"130\">June Bonds<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1697.6<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3416<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">111.46<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">139 25\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1682.0<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3358<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">109.85<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">138 30\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"26\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1672.8<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3312<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">108.37<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">138 13\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"26\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1657.2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3254<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">106.76<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">137 18\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"26\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1648.0<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3208<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">105.28<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">137 1\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"26\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">1632.4<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">1.3150<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">103.67<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">136 6\/32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" height=\"26\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1623.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.3104<\/td>\n<td colspan=\"1\" rowspan=\"1\">102.19<\/td>\n<td colspan=\"1\" rowspan=\"1\">135 21\/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\">May Corn<\/td>\n<td width=\"130\">May Wheat<\/td>\n<td width=\"130\">May Beans<\/td>\n<td width=\"130\">May Silver<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"26\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">659.3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">660.5<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1374.83<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3338.3<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">655.2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">657.8<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1371.92<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3284.2<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">650.8<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">656.0<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1368.83<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3251.8<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">646.7<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">653.3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1365.92<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3197.7<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">642.3<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">651.5<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1362.8<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3165.3<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" width=\"128\" height=\"22\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"93\">638.2<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"96\">648.8<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"86\">1359.92<\/td>\n<td colspan=\"1\" rowspan=\"1\" width=\"82\">3111.2<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" height=\"22\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">633.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">647.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">1356.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">3078.8<\/td>\n<\/tr>\n<\/thead>\n<\/table>\n<p><img decoding=\"async\" src=\"https:\/\/www.cannontrading.com\/images\/divider-black-190.gif\" alt=\"\" title=\"\"><br \/>\n<a name=\"five\"><\/a><\/p>\n<h3>5. Economic Reports<\/h3>\n<p>4:00am EUR<br \/>\nGerman Ifo Business Climate<\/p>\n<p>8:00am USD<br \/>\nFed Chairman Bernanke Speaks<\/p>\n<p>10:00am USD<br \/>\nPending Home Sales m\/m<\/p>\n<p>12:00pm EUR<br \/>\nECB President Draghi Speaks<\/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 March 26, 2012 Hello Traders, [&hellip;]<\/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":[603,57],"class_list":["post-3322","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-dow-theory","tag-support-and-resistance"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3322","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=3322"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3322\/revisions"}],"predecessor-version":[{"id":12865,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3322\/revisions\/12865"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}