Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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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 Thursday January 31, 2013
For 2013 I would like to wish all of you discipline and patience in your trading!
Pit traded SP 500 daily chart for your review below. In order for the market to have a chance at visiting the 1465 level, we need to see some follow through selling tomorrow. As long as market does NOT close above 1506, I I would look to attack it from the short side.
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5. Economic Reports
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