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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

FOMC is behind us and the market is heading into the final little stretch of the year, going into that last two weeks of 2010 along with the holiday season and what may be lower volume period.

In between, I see a possibility for a pull back on the Mini Russell 2000 if prices can break below 767.00 basis the march contract. Daily chart for your review below:

SP-500-Day-Trading-2010-12-15

GOOD TRADING!

Trading Levels

futures-trading-levels-20101215

Economics Report Source: http://www.forexfactory.com/calendar.php

Wednesday, December 15th, 2010

Core CPI m/m
8:30am USD

CPI m/m
8:30am USD

Empire State Manufacturing Index
8:30am USD

TIC Long-Term Purchases
9:00am USD

Capacity Utilization Rate
9:15am USD

Industrial Production m/m
9:15am USD

NAHB Housing Market Index
10:00am USD

Crude Oil Inventories
10:30am USD

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Company, 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: Futures Broker   | Futures Exchange   | Futures Trading  

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