Economic Reports and Trading Levels for February 13, 2013
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday February 13, 2013
For 2013 I would like to wish all of you discipline and patience in your trading!
State of the Union tonight should create volatility in the night session and may carry over to the day session.
The last two trading sessions had EXTREMELY low volatility and tight ranges, I suspect this may change tomorrow.
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|WedFeb 13||2:00am||EUR||German WPI m/m||0.4%||0.0%|
|5:00am||EUR||Industrial Production m/m||0.3%||-0.3%|
|8:30am||USD||Core Retail Sales m/m||0.1%||0.3%|
|USD||Retail Sales m/m||0.1%||0.5%|
|USD||Import Prices m/m||0.8%||-0.1%|
|10:00am||USD||Treasury Sec Nominee Lew Speaks|
|USD||Business Inventories m/m||0.3%||0.3%|
|10:30am||USD||Crude Oil Inventories||2.4M||2.6M|
|11:10am||USD||FOMC Member Bullard Speaks|
|1:00pm||USD||10-y Bond Auction||1.86|2.8|
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 herein 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 judgment in trading