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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.

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Dear Traders,

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October crude oil is front month.
We have FOMC minutes tomorrow along with home sales early on and the weekly energy report.
Check the reports schedule in section 3 of this newsletter and know what reports are coming, when they are out and if they have impact on the markets you trade specifically.

 

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

08-21-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2895.33 7535.58 26064 1759.90 6780.22
Resistance 2 2884.67 7493.92 25975 1742.40 6628.93
Resistance 1 2875.08 7452.33 25903 1730.90 6529.94
Pivot 2864.42 7410.67 25814 1713.40 6378.65
Support 1 2854.83 7369.08 25742 1701.90 6279.66
Support 2 2844.17 7327.42 25653 1684.40 6128.37
Support 3 2834.58 7285.83 25581 1672.90 6029.38
Contract December Gold #GC_F Sept. Silver #SI-F Oct. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1213.3 14.95 67.62 146  5/32 1.1761
Resistance 2 1208.2 14.89 67.05 145 27/32 1.1692
Resistance 1 1204.5 14.82 66.44 145 15/32 1.1644
Pivot 1199.4 14.76 65.87 145  5/32 1.1575
Support 1 1195.7 14.69 65.26 144 25/32 1.1527
Support 2 1190.6 14.63 64.69 144 15/32 1.1458
Support 3 1186.9 14.56 64.08 144  3/32 1.1410
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 381.3 564.4 902.25 333.60 3.04
Resistance 2 379.3 560.6 898.50 332.20 3.01
Resistance 1 376.8 554.2 892.25 329.70 3.00
Pivot 374.8 550.3 888.50 328.30 2.98
Support 1 372.3 543.9 882.3 325.8 3.0
Support 2 370.3 540.1 878.50 324.40 2.94
Support 3 367.8 533.7 872.25 321.90 2.93

Economic Reports, source: 

https://app.bettertrader.com

 

 

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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