{"id":3536,"date":"2012-04-30T16:17:50","date_gmt":"2012-05-01T00:17:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3536"},"modified":"2014-09-12T04:47:56","modified_gmt":"2014-09-12T12:47:56","slug":"patience-while-trading-in-may-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/patience-while-trading-in-may-support-and-resistance-levels\/","title":{"rendered":"Patience While Trading in May! | 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 – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5. Economic Reports for Tuesday May 1, 2012<\/a><\/strong><\/p>\n

 <\/p>\n

Hello Traders,<\/p>\n

Wishing all of you a great trading month in May!<\/strong><\/p>\n

With the new trading month starting tomorrow, I am sharing with you a monthly chart of the SP 500 CASH INDEX for your review.<\/strong><\/p>\n

In May, make PATIENCE a priority in your trading!<\/strong><\/p>\n

\"\"<\/p>\n

GOOD TRADING!<\/p>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.<\/small><\/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 (June 2012)<\/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 3<\/td>\n1403.83<\/td>\n2746.67<\/td>\n13227<\/td>\n836.87<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1400.42<\/td>\n2740.33<\/td>\n13198<\/td>\n832.03<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1396.83<\/td>\n2728.67<\/td>\n13177<\/td>\n823.17<\/td>\n<\/tr>\n
Pivot<\/td>\n1393.42<\/td>\n2722.33<\/td>\n13148<\/td>\n818.33<\/td>\n<\/tr>\n
Support 1<\/td>\n1389.83<\/td>\n2710.67<\/td>\n13127<\/td>\n809.47<\/td>\n<\/tr>\n
Support 2<\/td>\n1386.42<\/td>\n2704.33<\/td>\n13098<\/td>\n804.63<\/td>\n<\/tr>\n
Support 3<\/td>\n1382.83<\/td>\n2692.67<\/td>\n13077<\/td>\n795.77<\/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>\nJune Gold<\/td>\nJune Euro<\/td>\nJune Crude Oil<\/td>\nJune Bonds<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/td>\n1695.7<\/td>\n1.3328<\/td>\n106.61<\/td>\n143 22\/32<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1681.4<\/td>\n1.3299<\/td>\n105.88<\/td>\n143 12\/32<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1673.8<\/td>\n1.3270<\/td>\n105.33<\/td>\n143 1\/32<\/td>\n<\/tr>\n
Pivot<\/td>\n1659.5<\/td>\n1.3241<\/td>\n104.60<\/td>\n142 23\/32<\/td>\n<\/tr>\n
Support 1<\/td>\n1651.9<\/td>\n1.3212<\/td>\n104.05<\/td>\n142 12\/32<\/td>\n<\/tr>\n
Support 2<\/td>\n1637.6<\/td>\n1.3183<\/td>\n103.32<\/td>\n142 2\/32<\/td>\n<\/tr>\n
Support 3<\/td>\n1630.0<\/td>\n1.3154<\/td>\n102.77<\/td>\n141 23\/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>\nJuly Corn<\/td>\nJuly Wheat<\/td>\nJuly Beans<\/td>\nMay Silver<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/td>\n653.2<\/td>\n672.0<\/td>\n1538.67<\/td>\n3233.2<\/td>\n<\/tr>\n
Resistance 2<\/td>\n644.1<\/td>\n663.5<\/td>\n1522.83<\/td>\n3188.8<\/td>\n<\/tr>\n
Resistance 1<\/td>\n639.2<\/td>\n659.0<\/td>\n1514.17<\/td>\n3148.7<\/td>\n<\/tr>\n
Pivot<\/td>\n630.1<\/td>\n650.5<\/td>\n1498.33<\/td>\n3104.3<\/td>\n<\/tr>\n
Support 1<\/td>\n625.2<\/td>\n646.0<\/td>\n1489.7<\/td>\n3064.2<\/td>\n<\/tr>\n
Support 2<\/td>\n616.1<\/td>\n637.5<\/td>\n1473.83<\/td>\n3019.8<\/td>\n<\/tr>\n
Support 3<\/td>\n611.2<\/td>\n633.0<\/td>\n1465.17<\/td>\n2979.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

5. Economic Reports<\/h3>\n

All Day EUR
\nFrench Bank Holiday
\n<\/strong><\/p>\n

All Day EUR
\n<\/strong>German Bank Holiday<\/strong><\/p>\n

All Day EUR
\nItalian Bank Holiday
\n<\/strong><\/p>\n

10:00am EUR
\nISM Manufacturing PMI
\n<\/strong><\/p>\n

10:00am USD
\nConstruction Spending m\/m
\n<\/strong><\/p>\n

10:00am USD
\nISM Manufacturing Prices
\n<\/strong><\/p>\n

11:00am USD
\nFOMC Member Williams Speaks
\n<\/strong><\/p>\n

All Day USD
\nTotal Vehicle Sales<\/strong><\/p>\n

11:30am USD
\nFOMC Member Lacker Speaks
\n<\/strong><\/p>\n

12:30pm USD
\nFOMC Member Lockhart Speaks
\n<\/strong><\/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 – Corn, Wheat, Beans, Silver 5. Economic Reports for Tuesday May 1, 2012   Hello Traders, Wishing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[149,134,602],"class_list":["post-3536","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","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\/3536","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=3536"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3536\/revisions"}],"predecessor-version":[{"id":5505,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3536\/revisions\/5505"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}