Cannon Trading / E-Futures.com

With the Mid East situation, Crude Oil has been the leader of the commodities markets affecting movements in markets like metals, stock indices and more.

Daily chart of Crude oil for your review below along with a small picture that expresses what one can expect of tomorrow’s unemployment report better than I can…..
Either way, higher volatility, wider ranges = trader must asses their daily risk settings, their stops/ targets per trade, trading size etc.

Daily E-Mini S&P 500 Futures Trading Chart

GOOD TRADING!

TRADING LEVELS!

Economics Report Source: http://www.forexfactory.com/calendar.php

Friday, March 4, 2011

Non-Farm Employment Change
8:30am USD

Unemployment Rate
8:30am USD

Average Hourly Earnings m/m
8:30am USD

FOMC Member Yellen Speaks
10:00am USD

Factory Orders m/m
10:00am USD

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Company, Inc. Any statement of facts herein 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 judgment in trading!