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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday September 20, 2016
Greetings!
Front month for stock indices (e-minis) is December.
Front month for metals is December.
Front month for currencies is December.
Front month for natural gas and crude oil / energies is November. Be consistent with your trading decision…if you have rules make sure you follow them and fight that bad voice inside that makes you deviate, usually when in a losing trade! Discipline and consistency are sometimes more important than the question of should I buy or should I sell…
Trade with confidence, Trade with a plan, Trade with discipline!
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Levels for Trade Date of 9.20.2016
Contract Dec. 2016 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
Resistance 3 | 2162.42 | 4887.92 | 18308 | 1256.80 | 96.44 |
Resistance 2 | 2154.58 | 4864.83 | 18240 | 1247.20 | 96.23 |
Resistance 1 | 2143.42 | 4828.67 | 18141 | 1238.30 | 95.99 |
Pivot | 2135.58 | 4805.58 | 18073 | 1228.70 | 95.78 |
Support 1 | 2124.42 | 4769.42 | 17974 | 1219.80 | 95.54 |
Support 2 | 2116.58 | 4746.33 | 17906 | 1210.20 | 95.33 |
Support 3 | 2105.42 | 4710.17 | 17807 | 1201.30 | 95.09 |
Contract | Dec. Gold | Dec. Silver | Nov. Crude Oil | Dec. Bonds | Sept. Euro |
Resistance 3 | 1330.5 | 20.00 | 45.49 | 166 27/32 | 1.1290 |
Resistance 2 | 1326.2 | 19.69 | 45.09 | 166 18/32 | 1.1265 |
Resistance 1 | 1321.3 | 19.46 | 44.45 | 166 1/32 | 1.1243 |
Pivot | 1317.0 | 19.15 | 44.05 | 165 24/32 | 1.1218 |
Support 1 | 1312.1 | 18.92 | 43.41 | 165 7/32 | 1.1195 |
Support 2 | 1307.8 | 18.61 | 43.01 | 164 30/32 | 1.1170 |
Support 3 | 1302.9 | 18.38 | 42.37 | 164 13/32 | 1.1148 |
Contract | Dec. Corn | Dec. Wheat | Nov. Beans | Dec. SoyMeal | Oct. Nat Gas |
Resistance 3 | 347.7 | 418.0 | 994.17 | 323.77 | 3.03 |
Resistance 2 | 343.6 | 413.5 | 987.33 | 320.23 | 3.00 |
Resistance 1 | 340.4 | 408.8 | 979.92 | 315.67 | 2.97 |
Pivot | 336.3 | 404.3 | 973.08 | 312.13 | 2.93 |
Support 1 | 333.2 | 399.5 | 965.7 | 307.6 | 2.9 |
Support 2 | 329.1 | 395.0 | 958.83 | 304.03 | 2.86 |
Support 3 | 325.9 | 390.3 | 951.42 | 299.47 | 2.83 |
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
Date | 3:41pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
---|---|---|---|---|---|---|---|---|---|
TueSep 20 | 2:00am | EUR |
German PPI m/m
|
0.1% | 0.2% | ||||
Tentative | GBP |
30-y Bond Auction
|
2.10|1.4 | ||||||
8:30am | USD |
Building Permits
|
1.17M | 1.14M | |||||
USD |
Housing Starts
|
1.19M | 1.21M |