Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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 August 30, 2013
For 2013 I would like to wish all of you discipline and patience in your trading!
We will observe modified trading hours for Labor Day. Make sure to check the times and contact your broker if you have any questions. Please scroll down to the previous blog below to see the schedule. Thank you!
You like the information we share? We would appreciate your positive reviews on Google+ , Facebook, Yelp etc…use the icons below to share, recommend, review us and more!
If you like the information we share? We would appreciate your positive reviews on our new yelp!!
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.
|Contract Sept. 2013||SP500 (big & Mini)||Nasdaq100 (big & Mini)||Dow Jones (big & Mini)||Mini Russell||Dollar Index|
|Contract||Dec. Gold||Dec. Silver||Oct. Crude Oil||Sept. Bonds||Sept. Euro|
|Resistance 3||1433.0||2515.2||111.79||133 20/32||1.3444|
|Resistance 2||1425.8||2481.8||110.93||132 23/32||1.3394|
|Resistance 1||1416.5||2436.7||109.44||132 6/32||1.3319|
|Support 1||1400.0||2358.2||107.09||130 24/32||1.3194|
|Support 2||1392.8||2324.8||106.23||129 27/32||1.3144|
|Support 3||1383.5||2279.7||104.74||129 10/32||1.3069|
|Contract||Dec Corn||Dec. Wheat||Nov.Beans||Dec. SoyMeal||Dec. bean Oil|
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