Futures Trading Levels and Economic Reports for April 12, 2013

Futures Trading Levels and Economic Reports for April 12, 2013

 

Jump to a section in this post:

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 April 12, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Not much to write today but two excellent articles about trading which you can read at:

https://www.cannontrading.com/community/man-vs-markets-futures-trading-blog

 

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.

 

Futures Trading Levels

Contract June 2013  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Dollar Index
Resistance 3 1606.00 2873.67 14940 957.13 83.18
Resistance 2 1599.50 2866.08 14882 953.47 82.93
Resistance 1 1593.75 2858.42 14838 948.83 82.64
Pivot 1587.25 2850.83 14780 945.17 82.39
Support 1 1581.50 2843.17 14736 940.53 82.10
Support 2 1575.00 2835.58 14678 936.87 81.85
Support 3 1569.25 2827.92 14634 932.23 81.56
Contract June Gold May Silver May Crude Oil June Bonds  June Euro
Resistance 3 1583.4 2825.5 95.95 147  1/32 1.3249
Resistance 2 1575.7 2802.0 95.30 146 23/32 1.3197
Resistance 1 1568.3 2781.0 94.37 146 14/32 1.3154
Pivot 1560.6 2757.5 93.72 146  4/32 1.3102
Support 1 1553.2 2736.5 92.79 145 27/32 1.3059
Support 2 1545.5 2713.0 92.14 145 17/32 1.3007
Support 3 1538.1 2692.0 91.21 145  8/32 1.2964
Contract May Corn May Wheat May Beans May SoyMeal May bean Oil
Resistance 3 666.0 704.3 1419.33 408.77 50.41
Resistance 2 662.8 702.9 1412.67 403.93 50.26
Resistance 1 657.0 700.3 1407.33 399.47 50.01
Pivot 653.8 698.9 1400.67 394.63 49.86
Support 1 648.0 696.3 1395.3 390.2 49.6
Support 2 644.8 694.9 1388.67 385.33 49.46
Support 3 639.0 692.3 1383.33 380.87 49.21
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 3:31pm Currency Impact Detail Actual Forecast Previous Graph
FriApr 12  2:00am EUR German WPI m/m 0.3% 0.1%
5:00am EUR Industrial Production m/m 0.3% -0.4%
Day 1 EUR ECOFIN Meetings
All Day EUR Eurogroup Meetings
8:30am USD Core Retail Sales m/m -0.1% 1.0%
USD PPI m/m -0.2% 0.7%
USD Retail Sales m/m 0.0% 1.1%
USD Core PPI m/m 0.2% 0.2%
8:45am USD FOMC Member Rosengren Speaks
9:55am USD Prelim UoM Consumer Sentiment 79.1 78.6
USD Prelim UoM Inflation Expectations 3.2%
10:00am USD Business Inventories m/m 0.4% 1.0%
12:30pm USD Fed Chairman Bernanke 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 herein 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

Tags: > > Posted in: Future Trading News   | Metal Futures  

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