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Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Cannon Trading has partnered with BetterTrader.co allowing Cannon Trading users 60 days of free (Regular monthly cost is $249) access to BetterTrader app and web platform.
You can now enjoy real time analysis and statistically backtested trade ideas right after the release of economic events
If you are trading or traded before you have noticed many major moves that happen right after certain reports. BetterTrade App can help you trade these reports in more than one way.
Watch this short video for an excellent demonstration and for further information
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.
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Levels for Trade Date of 04.27.2017
| Contract June 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2403.42 | 5581.50 | 21087 | 1445.97 | 99.75 |
| Resistance 2 | 2399.08 | 5572.00 | 21048 | 1436.13 | 99.48 |
| Resistance 1 | 2390.92 | 5554.75 | 20983 | 1427.17 | 99.15 |
| Pivot | 2386.58 | 5545.25 | 20944 | 1417.33 | 98.88 |
| Support 1 | 2378.42 | 5528.00 | 20879 | 1408.37 | 98.55 |
| Support 2 | 2374.08 | 5518.50 | 20840 | 1398.53 | 98.28 |
| Support 3 | 2365.92 | 5501.25 | 20775 | 1389.57 | 97.95 |
| Contract | June Gold | May Silver | June Crude Oil | June Bonds | June Euro |
| Resistance 3 | 1287.3 | 18.03 | 51.26 | 154 3/32 | 1.1076 |
| Resistance 2 | 1280.1 | 17.86 | 50.73 | 153 16/32 | 1.1027 |
| Resistance 1 | 1275.2 | 17.69 | 50.00 | 153 5/32 | 1.0981 |
| Pivot | 1268.0 | 17.52 | 49.47 | 152 18/32 | 1.0932 |
| Support 1 | 1263.1 | 17.35 | 48.74 | 152 7/32 | 1.0886 |
| Support 2 | 1255.9 | 17.18 | 48.21 | 151 20/32 | 1.0837 |
| Support 3 | 1251.0 | 17.01 | 47.48 | 151 9/32 | 1.0791 |
| Contract | July Corn | July Wheat | July Beans | July SoyMeal | July Nat Gas |
| Resistance 3 | 380.7 | 439.2 | 977.75 | 323.80 | 3.42 |
| Resistance 2 | 377.6 | 435.8 | 973.00 | 321.50 | 3.35 |
| Resistance 1 | 372.2 | 431.2 | 964.75 | 317.60 | 3.31 |
| Pivot | 369.1 | 427.8 | 960.00 | 315.30 | 3.23 |
| Support 1 | 363.7 | 423.2 | 951.8 | 311.4 | 3.2 |
| Support 2 | 360.6 | 419.8 | 947.00 | 309.10 | 3.11 |
| Support 3 | 355.2 | 415.2 | 938.75 | 305.20 | 3.07 |
All times are Eastern time Zone (EST)
Source: http://www.forexfactory.com/calendar.php
| Date | 4:25pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| ThuApr 27 | 2:00am | EUR |
GfK German Consumer Climate
|
9.9 | 9.8 | ||||
| All Day | EUR |
German Prelim CPI m/m
|
-0.1% | 0.2% | |||||
| 3:00am | EUR |
Spanish Flash CPI y/y
|
2.5% | 2.3% | |||||
| EUR |
Spanish Unemployment Rate
|
18.6% | 18.6% | ||||||
| Tentative | EUR |
Italian 10-y Bond Auction
|
2.25|1.4 | ||||||
| 6:00am | GBP |
CBI Realized Sales
|
6 | 9 | |||||
| 7:45am | EUR |
Minimum Bid Rate
|
0.00% | 0.00% | |||||
| 8:30am | EUR |
ECB Press Conference
|
|||||||
| USD |
Core Durable Goods Orders m/m
|
0.4% | 0.5% | ||||||
| USD |
Unemployment Claims
|
241K | 244K | ||||||
| USD |
Durable Goods Orders m/m
|
1.5% | 1.8% | ||||||
| USD |
Goods Trade Balance
|
-65.2B | -63.9B | ||||||
| USD |
Prelim Wholesale Inventories m/m
|
0.3% | 0.4% | ||||||
| 10:00am | USD |
Pending Home Sales m/m
|
-0.6% | 5.5% | |||||
| 10:30am | USD |
Natural Gas Storage
|
72B | 54B | |||||
| 7:01pm | GBP |
GfK Consumer Confidence
|
-7 | -6 |
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.
