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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the December 2010 contract to the March 2011 contract. The month code for March is ‘H1’.

It is recommended that all new positions be placed in the March contract as of Thursday’s trade date.

Please close any open December Currencies positions by the close on Friday the 10th.

Should you have any further questions please contact your broker.

View the Rest of Our Weekly Futures Market Newsletter at:
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https://www.cannontrading.com/community/newsletter/
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GOOD TRADING!

Trading Levels

futures-trading-levels-20101209

Economics Report Source: http://www.forexfactory.com/calendar.php

Thursday, December 9th, 2010 — All reports are EST time

Unemployment Claims
8:30am USD

Wholesale Inventories m/m
10:00am USD

Natural Gas Storage
10:30am USD

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Company, 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!

Tags: > > > Posted in: Currency Futures  

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