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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
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4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday May 6, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Markets are having difficulties with all time highs and are bouncing off so far…
It is actually a normal market reaction to initially test the all time highs and back off, for many markets. Sooner or later though, the supply / demand in that specific market will cause for the market to either break higher and start building a higher range OR fail and go lower to test previous support levels. Read the rest of this entry »