Crude Oil Futures Chart & Support and Resistance Levels 11.27.2018 - Support & Resistance Levels

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Crude Oil Futures Chart & Support and Resistance Levels 11.27.2018

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Dear Traders,silence4991@gmail.com

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Hope everyone had a nice Thanksgiving and had a chance to step back from trading and enjoy loved ones!!
That being said, the markets sure did NOT take a break and the short trading session Friday as extremely volatile, especially in the energy sector.
If you been trading a while, you probably already know that one must expect the unexpected in the trading business we are in….Be careful and have risk parameters AHEAD of you entering a trade.
You can see a 4 hour chart of the crude oil going back a few days…..We dropped over $12 in less than 2 weeks!!
Would you like access to trading ALGOS that try to identify market turning points? click here

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

11-27-2018

 


Economic Reports, source: 

www.forexfactory.com

 

Date 4:02pm Currency Impact Detail Actual Forecast Previous Graph
TueNov 27  6:00am GBP
CBI Realized Sales
10 5
8:30am USD
FOMC Member Clarida Speaks
9:00am USD
HPI m/m
0.4% 0.3%
USD
S&P/CS Composite-20 HPI y/y
5.3% 5.5%
10:00am USD
CB Consumer Confidence
136.2 137.9
2:30pm USD
FOMC Member Bostic Speaks
7:01pm GBP
BRC Shop Price Index y/y
-0.2%

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.

Posted in: Future Trading News  

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