Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Daily chart of the mini SP 500 for your review below.
The market tested a moving average I use to determine uptrend versus downtrend and bounced nicely to START with….
Price action over next few days will be interesting to watch.
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Levels for Trade Date of 03.28.2017
|Contract June 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||Apr. Gold||May Silver||May Crude Oil||June Bonds||June Euro|
|Resistance 3||1277.3||18.63||49.54||152 22/32||1.1021|
|Resistance 2||1269.2||18.39||48.91||152 13/32||1.0985|
|Resistance 1||1261.8||18.26||48.34||151 29/32||1.0945|
|Support 1||1246.3||17.89||47.14||151 4/32||1.0868|
|Support 2||1238.2||17.65||46.51||150 27/32||1.0832|
|Support 3||1230.8||17.52||45.94||150 11/32||1.0792|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||April Nat Gas|
Goods Trade Balance
Prelim Wholesale Inventories m/m
S&P/CS Composite-20 HPI y/y
CB Consumer Confidence
Richmond Manufacturing Index
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