Please give me some insight on how to handle the following dilemma I am encountering when I look at charts. Specifically, I would like to look at the Jan OJ contract and how it relates to the weekly and monthly charts.

On the monthly OJ topped out around 200 twice in January of 2007 and most recently in July and August or this year.
On the weekly chart we see that OJ hovered around the 200 mark into early August before a precipitous decline.

When I look at the Jan OJ chart we see that during this period of time it rallied to just under 185. Now, with OJ rallying the contract has climbed up to 175-180 level. My question is how does one reconcile the different time frames and continuous contract versus current contract when determining support and resistance?

If I believe that 200 on the monthly and weekly are hard resistance areas and I want to short the Jan OJ contract, when do I do that? I am sorry if this is a stupid question but it is confusing to me. Is the simple answer when the Jan OJ contract rallies up to the 195 area? Wouldnt that be a breakout on the daily chart?