Futures & Commodities Levels and Economic Reports 2.13.2014

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.

Futures & Commodities Levels and Economic Reports 2.13.2014

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

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

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 Thursday February 13, 2014

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

If you are a stock index futures trader, like many of our readers/clients are, try and pay attention to how the 30 year bonds move intraday.
I have found out that many days you can see the inverse relationship between the bonds and stocks, especially on days when there is not much news or range bound days like today.
Sometimes I noticed that if bonds start bidding higher it can serve as a small signal for possible sell off in SP500 and other stock indices and vice versa.
Obviously I would NOT use this as the sole tool for making trading decisions but follow the price action for a while as well as the relationship between stock index futures and interest rate futures and see if this can be helpful for you with your trading.

If you like the information we share? We would appreciate your positive reviews on our new yelp!!

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

Contract March 2014  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Dollar Index
Resistance 3 1834.58 3658.67 16107 1148.30 81.27
Resistance 2 1828.92 3646.08 16057 1142.00 81.09
Resistance 1 1822.58 3635.42 15996 1135.90 80.93
Pivot 1816.92 3622.83 15946 1129.60 80.75
Support 1 1810.58 3612.17 15885 1123.50 80.58
Support 2 1804.92 3599.58 15835 1117.20 80.40
Support 3 1798.58 3588.92 15774 1111.10 80.24
Contract Apr. Gold Mar. Silver March Crude Oil Mar. Bonds  Mar. Euro
Resistance 3 1309.5 2067.7 102.45 133 22/32 1.3734
Resistance 2 1302.9 2053.3 101.92 133  9/32 1.3693
Resistance 1 1297.0 2036.7 101.11 132 25/32 1.3643
Pivot 1290.4 2022.3 100.58 132 12/32 1.3602
Support 1 1284.5 2005.7 99.77 131 28/32 1.3552
Support 2 1277.9 1991.3 99.24 131 15/32 1.3511
Support 3 1272.0 1974.7 98.43 130 31/32 1.3461
Contract March Corn March Wheat March Beans March SoyMeal March bean Oil
Resistance 3 449.3 588.0 1340.08 460.77 39.76
Resistance 2 447.2 587.5 1336.67 456.83 39.56
Resistance 1 443.6 587.3 1329.83 450.17 39.27
Pivot 441.4 586.8 1326.42 446.23 39.07
Support 1 437.8 586.5 1319.6 439.6 38.8
Support 2 435.7 586.0 1316.17 435.63 38.58
Support 3 432.1 585.8 1309.33 428.97 38.29
For complete contract specifications for the futures markets listed above click here!

5. Economic Reports

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

All times are Eastern time Zone (EST)

Date 4:20pm Currency Impact Detail Actual Forecast Previous Graph
ThuFeb 13  2:00am EUR German Final CPI m/m -0.6% -0.6%
4:00am EUR ECB Monthly Bulletin
8:30am USD Core Retail Sales m/m 0.1% 0.7%
USD Retail Sales m/m 0.0% 0.2%
USD Unemployment Claims 331K 331K
10:00am USD Business Inventories m/m 0.4% 0.4%
10:30am USD Natural Gas Storage -234B -262B
1:01pm USD 30-y Bond Auction 3.90|2.6


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 judgment in trading.

 

Click to rate this post!
[Total: 0 Average: 0]
Tags: > Posted in: Future Trading News   | Futures Trading  

Comments are closed.

Trading Expertise As Featured In

Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips
Loading
Loading

Loading

Partners

Loading
Loading

Loading