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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 May 1, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Interesting action in the markets post FOMC. Sell offs in metals and indices, bounce in energies.
I have a feeling May will be a volatile month ahead.
Quick look at mini Russell 2000 chart below. This index made new all time highs April 15th, tried to test the high again this week and failed and the momentum right now is with the bears, at least in the short term and at least for now….Some levels if the sell off continues as well as some upside levels if we bounce.