Economic Reports, Weekly ES Chart & Support and Resistance Levels 1.04.2019

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Tomorrow is going to be one of the busiest days we have seen in months on the reports front.
Plenty of economic reports and numbers in the US and in Europe.
We have the monthly unemployment.
We have both crude oil and natural gas numbers that been pushed due to New year’s.
We have PMI.
We have Fed governors speaking…..
Scroll down to the report section of this email to make sure you are aware of all the numbers coming out and which ones may affect the markets you trade.
It should be an interesting day to say the least…..
In between, weekly chart of the SP 500 below for your review. The way I see it, the market is once again at a junction. Either we hold support at 2378 and have a short covering rally OR we break it and start making our ways towards new lows…..
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Futures Trading Levels

01-04-2019

 


Economic Reports, source: 

BetterTrader.co

 

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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