Important Market Report Tomorrow – CPI 2.15.2018
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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- Record 3rd highest Gold futures volume day of 698,050 lots on January 25.
- Platinum futures OI record of 92,277 contracts set on January 31.
- Copper futures volumes continue to grow, up 55% YoY. Record 2nd highest Copper futures volume day of 260,330 lots on January 16.
- U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) futures (HRC) set a monthly volume record in January of 10,435 lots (208,700 short tons), up 81% YoY.
Good Trading!
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.
Futures Trading Levels
2-15-2018
| Contract March 2018 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2798.75 | 6997.33 | 25707 | 1595.17 | 10500.00 |
| Resistance 2 | 2750.25 | 6843.67 | 25302 | 1559.93 | 9945.00 |
| Resistance 1 | 2724.00 | 6763.58 | 25090 | 1540.57 | 9615.00 |
| Pivot | 2675.50 | 6609.92 | 24685 | 1505.33 | 9060.00 |
| Support 1 | 2649.25 | 6529.83 | 24473 | 1485.97 | 8730.00 |
| Support 2 | 2600.75 | 6376.17 | 24068 | 1450.73 | 8175.00 |
| Support 3 | 2574.50 | 6296.08 | 23856 | 1431.37 | 7845.00 |
| Contract | Apr. Gold | Mar. Silver | Mar. Crude Oil | Mar. Bonds | Mar. Euro |
| Resistance 3 | 1408.5 | 17.63 | 64.36 | 146 19/32 | 1.2739 |
| Resistance 2 | 1383.5 | 17.27 | 62.63 | 145 30/32 | 1.2615 |
| Resistance 1 | 1369.0 | 17.05 | 61.66 | 144 21/32 | 1.2549 |
| Pivot | 1344.0 | 16.69 | 59.93 | 144 | 1.2425 |
| Support 1 | 1329.5 | 16.47 | 58.96 | 142 23/32 | 1.2359 |
| Support 2 | 1304.5 | 16.11 | 57.23 | 142 2/32 | 1.2235 |
| Support 3 | 1290.0 | 15.89 | 56.26 | 140 25/32 | 1.2169 |
| Contract | Mar. Corn | Mar. Wheat | March Beans | Mar. SoyMeal | Mar. Nat Gas |
| Resistance 3 | 372.3 | 466.1 | 1033.33 | 387.03 | 2.70 |
| Resistance 2 | 370.4 | 463.4 | 1026.42 | 379.57 | 2.66 |
| Resistance 1 | 368.8 | 459.6 | 1021.83 | 374.73 | 2.63 |
| Pivot | 366.9 | 456.9 | 1014.92 | 367.27 | 2.59 |
| Support 1 | 365.3 | 453.1 | 1010.3 | 362.4 | 2.6 |
| Support 2 | 363.4 | 450.4 | 1003.42 | 354.97 | 2.52 |
| Support 3 | 361.8 | 446.6 | 998.83 | 350.13 | 2.49 |
Economic Reports, source:
http://app.bettertrader.co
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
