ES Support and Resistance for November 30

By Dennis Coleman  NOV 30, 2012 8:07 AM

Today's levels.


The titans are up compared to last week being up 3% now. Those added in August are up roughly 8%; the ones added in September are up 3%, those added in October are up 1%, and those added in November are up 1%.

The E-mini S&P 500 Futures Contract (ES) opened higher and just below R1. The levels were quite far apart for the day. After the open, the ES moved up to test R1,which held. On its second attempt at breaching R1, the ES began moving sideways just before hitting R1. As we moved into the last hour, the ES began pulling away from R1 and heading lower.

The range for the day was 11.5 points.

The levels for today are:

R3 = 1436.75

R2 = 1425.25

R1 = 1420.5

Pivot = 1413.75

S1 = 1409

S2 = 1402.25

S3 = 1390.75

No positions in stocks mentioned.