Daily Support & Resistance Levels 12.06.2018

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Due to George W Bush funeral today, the crude oil numbers will come out tomorrow at 11 AM EST.
Natural gas numbers will come out Friday instead of the normal Thursday time.
Also, be aware that OPEC meeting results will come out around 8 AM central time tomorrow as well. I expect some serious volatility in the energy markets tomorrow.
Effective this Sunday, Dec. 9 – Eurex will open during U.S. evening time, and extend their exchange daily trading to near 21 hours.
Daily closing time will remain the same, at 3pm Chicago time.
Per below screenshot from Eurex website – time conversions to U.S.:
CET (Central European Time) is currently 7 hours ahead of US Central (Chicago) time.
Open — CET 01:15 am –> 6:15pm Chicago time
Close — CET 22:00 –> 15:00 Chicago time
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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

12-06-2018

 


Economic Reports, source: 

www.forexfactory.com

Date 4:14pm Currency Impact Detail Actual Forecast Previous Graph
ThuDec 6 2:00am EUR
German Factory Orders m/m
-0.4% 0.3%
All Day All
OPEC Meetings
5:00am GBP
MPC Member Ramsden Speaks
Tentative GBP
30-y Bond Auction
1.83|1.8
7:30am USD
Challenger Job Cuts y/y
153.6%
8:15am USD
ADP Non-Farm Employment Change
196K 227K
8:30am USD
Revised Nonfarm Productivity q/q
2.3% 2.2%
USD
Revised Unit Labor Costs q/q
1.1% 1.2%
USD
Trade Balance
-55.2B -54.0B
USD
Unemployment Claims
226K 234K
9:45am USD
Final Services PMI
54.4 54.4
10:00am USD
ISM Non-Manufacturing PMI
59.2 60.3
USD
Factory Orders m/m
-1.9% 0.7%
11:00am USD
Crude Oil Inventories
-2.0M 3.6M
12:15pm USD
FOMC Member Bostic Speaks
6:30pm USD
FOMC Member Williams Speaks
6:45pm USD
Fed Chair Powell Speaks

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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