June 7th, 2012 Filed under Currency Futures, Future Trading News | Comments Off on Futures Trading Levels & Economic Reports for 06-08 with Cannon Weekly Newsletter
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday June 8, 2012
Hello Traders,
Today our latest weekly newsletter is available. Please click here to view. Read the rest of this entry »
June 7th, 2012 Filed under Future Trading News | Comments Off on Thursday Morning Support and Resistance Numbers
| Contract (September) | Mini S&P 500 | Mini Nasdaq 100 | Dow Jones | Mini Russell 2000 | 30-Year US Bond | 10-Year US Note |
| Resistance Level 3 ——————————————Resistance Level 2
—————————————— Resistance Level 1 —————————————— Support Level 1 —————————————— Support Level 2 —————————————— Support Level 3 |
13411334
1322.25
1306.5
1298.75
1291.75 |
26122596
2570
2531
2514
2499 |
1263412599
12481
12315
12257
12153 |
789.6778.4
775.1
759.8
754.3
749.4 |
1502914928
14909
14808
14622
14530 |
13401.513327
13319
13304.5
13217.5
13206 |
June 6th, 2012 Filed under Future Trading News, Futures Trading | Comments Off on Futures Trading Levels & Economic Reports for 06-07
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday June 7, 2012
Hello Traders,
Not much to say today…just like sometimes as a day-trader you may not have the set ups you need and when that happens, as hard as it may get, you simply need to stay patient and not take trades simply because you feel you are not doing your job etc…
So stay patient, stay disciplined, plan your trade and trade your plan.
June 5th, 2012 Filed under Crude Oil, Future Trading News | Comments Off on Crude Oil Bounce? & Trading Levels and Economic Reports for 6-06
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday June 6, 2012
Hello Traders,
Heads up traders! Front month for bonds, ten years and other financials is now September.
Front month for gold is August.
June is still front month for indices and currencies.
Tomorrow we have weekly Crude Oil inventories, which can usually move this market both ways pretty fast…
Crude has been in a very strong downtrend last couple of months and what I see in the below daily chart, is a chance for this market to bounce up a bit, maybe to the 88 area. The trend is still down no doubt (and it is a strong trend as indicated by 99 trend strength level in the chart), but it is rare that markets go up or down with a small correction and this is what I would look for if tomorrows numbers, or more important, market reaction to the numbers are bullish.
Daily Crude Oil chart for your review below:
June 5th, 2012 Filed under Future Trading News | Comments Off on Tuesday Morning Support and Resistance Numbers
| Contract (June) | Mini S&P 500 | Mini Nasdaq 100 | Dow Jones | Mini Russell 2000 | 30-Year US Bond Sep ’12 | 10-Year US Note Sep ’12 |
| Resistance Level 3 ——————————————Resistance Level 2
—————————————— Resistance Level 1 —————————————— Support Level 1 —————————————— Support Level 2 —————————————— Support Level 3 |
1298.251289.75
1280
1265.25
1261
1251.5 |
25182502
2485
2465
2453
2429 |
1236412219
12138
12062
12024
11985 |
753.5747.5
741
728.5
725.8
723.9 |
15219 (all time high)15126
15111
15011
14921
14830 |
13430.5 (all time high)13415.5
13406
13322.5
13310.5
13304.5 |
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