Cannon Trading / E-Futures.com
Daily chart of SP500 (pit session) for your review below along with some support/ resistance levels.
My speculation is that we will visit 1313 sometime tomorrow, perhaps after a failure at 1335??….
GOOD TRADING!
Daily mini S&P trading chart screenshot from today May 17th 2011
TRADING LEVELS!
Economic Reports Wednesday May 18th, 2011
Crude Oil Inventories
10:30am USD
FOMC Member Fisher Speaks
1:30pm USD
FOMC Meeting Minutes
2:00pm USD
Treasury Currency Report
Tentative USD
Economics Report Source: http://www.forexfactory.com/calendar.php
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 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!