Veteran’s Day Tomorrow & Economic Reports 11.11.2014

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

 

 

Veteran’s Day tomorrow. Banks are closed and currencies and bonds PIT SESSION only will have an early close, so for all that matters, normal trading day tomorrow but due to the fact that banks are closed we may see a lighter trading day. May…..

Below is a quick highlight for the week ahead from Econoday.com

It’s a relatively light week but key consumer numbers post. Retail sales have been volatile due to swings in auto sales and gasoline prices. Employment growth has been moderate at best and this week’s JOLTS report will indicate whether there is improvement in job openings. Despite the sluggish recovery, consumer sentiment has improved on more stable labor market conditions. Whether the trend continues will be seen in this coming week’s early reading on November consumer sentiment. Finally, initial jobless claims have been trending downward and this week’s number could be a market mover.

Monday Nov 10 Tuesday Nov 11 Wednesday Nov 12 Thursday Nov 13 Friday Nov 14
TD Ameritrade IMX
[Report][Bullet
12:30 PM ET

5:10 PM ET

Stocks & futures open, bonds closed

3:00 AM ET

Redbook
[Bullet
8:55 AM ET
Wholesale Trade
[Report][Bullet
10:00 AM ET
Weekly Bill Settlement

2:45 AM ET

Jobless Claims
[Report][Star]
8:30 AM ET
JOLTS
[Report][djStar]
10:00 AM ET

12:30 PM ET

Treasury Budget
[Report][djStar]
2:00 PM ET
Money Supply
[Bullet
4:30 PM ET
Retail Sales
[Report][Star]
8:30 AM ET

9:00 AM ET

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. Past performance is not indicative to future results.

 

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

 


Futures Trading Levels

Contract Dec. 2014 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2053.17 4221.00 17689 1191.60 88.87
Resistance 2 2044.08 4199.75 17629 1185.00 88.40
Resistance 1 2039.17 4186.50 17592 1181.70 88.15
Pivot 2030.08 4165.25 17532 1175.10 87.68
Support 1 2025.17 4152.00 17495 1171.80 87.43
Support 2 2016.08 4130.75 17435 1165.20 86.96
Support 3 2011.17 4117.50 17398 1161.90 86.71
Contract Dec. Gold Dec.Silver Dec. Crude Oil Dec. Bonds Dec. Euro
Resistance 3 1200.0 16.20 81.77 143 7/32 1.2573
Resistance 2 1188.7 16.04 80.81 142 23/32 1.2543
Resistance 1 1169.2 15.80 79.05 141 27/32 1.2483
Pivot 1157.9 15.64 78.09 141 11/32 1.2453
Support 1 1138.4 15.40 76.33 140 15/32 1.2393
Support 2 1127.1 15.24 75.37 139 31/32 1.2363
Support 3 1107.6 15.00 73.61 139 3/32 1.2303
Contract Dec Corn Dec. Wheat Jan. Beans Dec. SoyMeal Dec. bean Oil
Resistance 3 385.8 520.6 1073.50 411.60 33.57
Resistance 2 381.4 519.4 1063.25 405.10 33.23
Resistance 1 375.3 518.3 1044.50 393.00 32.79
Pivot 370.9 517.2 1034.25 386.50 32.45
Support 1 364.8 516.1 1015.5 374.4 32.0
Support 2 360.4 514.9 1005.25 367.90 31.67
Support 3 354.3 513.8 986.50 355.80 31.23


Economic Reports

source: http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 3:31pm Currency Impact Detail Actual Forecast Previous Graph
TueNov 11 All Day EUR French Bank Holiday
 7:30am USD NFIB Small Business Index 95.1 95.3
All Day USD Bank Holiday

 

 

 

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 judgment in trading.