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Future Spreads 10.21.2016

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday October 21, 2016

Greetings!

ECB was almost a none event today with minor moves in the markets ( except an erratic and indecisive treasury sector)

Natural gas report came out and prices ended up pretty much where it was before the report…..

A good article about futures spreads available for your trading education.

Another thought for you day traders out there – have you ever considered trading ES vs NQ?
NQ vs YM? etc. instead of just taking an outright position?

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Levels for Trade Date of 10.21.2016

Contract Dec. 2016 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2162.67 4896.33 18297 1239.13 99.33
Resistance 2 2153.58 4870.17 18238 1231.37 98.87
Resistance 1 2144.92 4851.08 18166 1224.33 98.59
Pivot 2135.83 4824.92 18107 1216.57 98.12
Support 1 2127.17 4805.83 18035 1209.53 97.84
Support 2 2118.08 4779.67 17976 1201.77 97.38
Support 3 2109.42 4760.58 17904 1194.73 97.10
Contract Dec. Gold Dec. Silver Dec. Crude Oil Dec. Bonds Dec.   Euro
Resistance 3 1283.8 18.00 52.85 166 24/32 1.1154
Resistance 2 1279.9 17.87 52.34 166 1.1110
Resistance 1 1273.4 17.71 51.46 165 9/32 1.1030
Pivot 1269.5 17.58 50.95 164 17/32 1.0985
Support 1 1263.0 17.41 50.07 163 26/32 1.0905
Support 2 1259.1 17.28 49.56 163 2/32 1.0861
Support 3 1252.6 17.12 48.68 162 11/32 1.0781
Contract Dec. Corn Dec. Wheat Nov. Beans Dec. SoyMeal Nov. Nat Gas
Resistance 3 367.1 428.9 1002.25 317.70 3.30
Resistance 2 363.2 425.8 996.00 314.80 3.25
Resistance 1 357.1 421.4 985.75 309.70 3.20
Pivot 353.2 418.3 979.50 306.80 3.15
Support 1 347.1 413.9 969.3 301.7 3.1
Support 2 343.2 410.8 963.00 298.80 3.05
Support 3 337.1 406.4 952.75 293.70 3.00

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 4:33pm Currency Impact Detail Actual Forecast Previous Graph
FriOct 21  4:30am GBP
Public Sector Net Borrowing
8.6B 10.1B
Day 2 EUR
EU Economic Summit
9:00am EUR
Belgian NBB Business Climate
-1.5 -2.2
10:00am EUR
Consumer Confidence
-8 -8
10:15am USD
FOMC Member Tarullo Speaks

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.

Tags: > Posted in: Future Trading News   | Futures Trading   | futures trading education   | Trading Guide  

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