Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday September 2, 2016
Hello Traders,
Greetings!
Unemployment report tomorrow!!
From our friends at TradeTheNews.com:
What the News Desk Says
Friday’s August payrolls report is expected to post about 185K net job additions, after outsized gains in June and July of 292K and 255K, respectively. Unemployment is expected to tick down one-tenth to 4.8%.
The conventional wisdom appears to be that another payroll report above 150K would leave the door open for a possible rate hike in September. Following the hawkish tone presented at the Jackson Hole symposium last week, Fed funds futures currently predict about a 25% chance of a rate hike at the September meeting. A worse than expected jobs report could push back rate tightening expectations to December… more
Labor Day is coming up, below you will see the main schedule.
Read full notice at:
https://www.cannontrading.com/tools/support-resistance-levels/globex-ice-labor-day-holiday-schedule-2016/
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.
If you like Our Futures Trading Daily Support and Resistance Levels, Please share!
Levels for Trade Date of 9.02.2016
| Contract Sept. 2016 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2200.42 | 4844.08 | 18652 | 1266.93 | 96.70 |
| Resistance 2 | 2188.83 | 4819.67 | 18557 | 1256.37 | 96.47 |
| Resistance 1 | 2177.92 | 4798.33 | 18476 | 1247.23 | 96.05 |
| Pivot | 2166.33 | 4773.92 | 18381 | 1236.67 | 95.82 |
| Support 1 | 2155.42 | 4752.58 | 18300 | 1227.53 | 95.40 |
| Support 2 | 2143.83 | 4728.17 | 18205 | 1216.97 | 95.17 |
| Support 3 | 2132.92 | 4706.83 | 18124 | 1207.83 | 94.75 |
| Contract | Dec. Gold | Dec. Silver | Oct. Crude Oil | Dec. Bonds | Sept. Euro |
| Resistance 3 | 1335.0 | 19.43 | 46.81 | 172 26/32 | 1.1313 |
| Resistance 2 | 1326.8 | 19.21 | 45.94 | 171 27/32 | 1.1262 |
| Resistance 1 | 1321.9 | 19.08 | 44.73 | 171 5/32 | 1.1235 |
| Pivot | 1313.7 | 18.87 | 43.86 | 170 6/32 | 1.1184 |
| Support 1 | 1308.8 | 18.74 | 42.65 | 169 16/32 | 1.1157 |
| Support 2 | 1300.6 | 18.52 | 41.78 | 168 17/32 | 1.1106 |
| Support 3 | 1295.7 | 18.39 | 40.57 | 167 27/32 | 1.1079 |
| Contract | Dec. Corn | Dec. Wheat | Nov. Beans | Dec. SoyMeal | Oct. Nat Gas |
| Resistance 3 | 335.2 | 404.3 | 960.67 | 314.83 | 2.97 |
| Resistance 2 | 330.1 | 400.8 | 954.58 | 312.27 | 2.93 |
| Resistance 1 | 326.9 | 397.8 | 949.17 | 309.43 | 2.87 |
| Pivot | 321.8 | 394.3 | 943.08 | 306.87 | 2.83 |
| Support 1 | 318.7 | 391.3 | 937.7 | 304.0 | 2.8 |
| Support 2 | 313.6 | 387.8 | 931.58 | 301.47 | 2.72 |
| Support 3 | 310.4 | 384.8 | 926.17 | 298.63 | 2.66 |
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
| Date | 3:48pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| FriSep 2 | 3:00am | EUR |
Spanish Unemployment Change
|
15.0K | -84.0K | ||||
| 4:30am | GBP |
Construction PMI
|
46.6 | 45.9 | |||||
| 5:00am | EUR |
PPI m/m
|
0.1% | 0.7% | |||||
| 8:30am | USD |
Average Hourly Earnings m/m
|
0.2% | 0.3% | |||||
| USD |
Non-Farm Employment Change
|
186K | 255K | ||||||
| USD |
Unemployment Rate
|
4.8% | 4.9% | ||||||
| USD |
Trade Balance
|
-43.0B | -44.5B | ||||||
| 10:00am | USD |
Factory Orders m/m
|
2.1% | -1.5% |