USDA Report Preview & Support and Resistance Levels 1.11.2018

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Looking ahead to January 12th Crop Report

Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the January 12 USDA report discussing corn and soybean yields in advance of its publication.

http://www.cmegroup.com/education/usda-crop-reports.html

Make 2018 a great one!

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

1-11-2018 

Contract March 2018  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2771.00 6757.92 25577 1583.30 16203.33
Resistance 2 2761.50 6722.33 25481 1573.70 15461.67
Resistance 1 2755.50 6699.42 25415 1567.70 14963.33
Pivot 2746.00 6663.83 25319 1558.10 14221.67
Support 1 2740.00 6640.92 25253 1552.10 13723.33
Support 2 2730.50 6605.33 25157 1542.50 12981.67
Support 3 2724.50 6582.42 25091 1536.50 12483.33
Contract Feb. Gold Mar. Silver Feb. Crude Oil Mar.  Bonds Mar.  Euro
Resistance 3 1348.1 17.47 64.29 151 18/32 1.2153
Resistance 2 1338.3 17.35 63.98 150 28/32 1.2109
Resistance 1 1328.4 17.18 63.71 150 15/32 1.2058
Pivot 1318.6 17.06 63.40 149 25/32 1.2014
Support 1 1308.7 16.89 63.13 149 12/32 1.1963
Support 2 1298.9 16.77 62.82 148 22/32 1.1919
Support 3 1289.0 16.60 62.55 148  9/32 1.1868
Contract Mar.  Corn Mar. Wheat March Beans Mar. SoyMeal Feb. Nat Gas
Resistance 3 351.6 439.2 970.17 320.93 3.09
Resistance 2 350.7 437.1 965.83 319.67 3.04
Resistance 1 349.8 435.7 960.42 318.03 2.97
Pivot 348.9 433.6 956.08 316.77 2.92
Support 1 348.1 432.2 950.7 315.1 2.9
Support 2 347.2 430.1 946.33 313.87 2.80
Support 3 346.3 428.7 940.92 312.23 2.73

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Thursday, Jan 11th

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.

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