Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
Crude Inventories, Unemployment report, Housing Starts are just a few of the market moving reports we have on weekly basis
The financial market’s volatility attracts many to follow and trade economic events and use this volatility to try and generate profit. Unfortunately, trading isn’t easy. Starting from planning and preparing all the way through the releases, analyzing and trading economic events involves many steps. That is why we at Cannon Trading pick this content for you prepared by BetterTrader.Co
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
|Contract December 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||December Gold||Dec. Silver||Oct. Crude Oil||Dec. Bonds||Sept. Euro|
|Resistance 3||1348.7||18.18||49.29||156 29/32||1.2044|
|Resistance 2||1342.5||18.07||48.86||156 16/32||1.2013|
|Resistance 1||1339.2||18.01||48.58||155 28/32||1.1992|
|Support 1||1329.7||17.83||47.87||154 27/32||1.1940|
|Support 2||1323.5||17.72||47.44||154 14/32||1.1909|
|Support 3||1320.2||17.66||47.16||153 26/32||1.1888|
|Contract||Dec. Corn||Dec. Wheat||November Beans||Dec. SoyMeal||Oct. Nat Gas|
Economic Reports, source:
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.