Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Market is still locked in a range….so far in 2011, the March SP500 been trading between 1255 and 1277….My feeling is that by Thursday we should break out one way or the other as the market awaits some economic reports and earnings are being released.
In between, you are welcome to check out our “Live Charts” service which I run daily.
Subscribers get a daily invitation to view my charts ( sample from todays session below). I share my charts, notes, set ups, trade philosophy and more for the mini SP, crude oil and Euro currency markets. For 2 week free trial (no repeat trials), please visit:
There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Past performance is not indicative of future results.
Economics Report Source: http://www.forexfactory.com/calendar.php
Wednesday, January 12, 2011
Import Prices m/m
Treasury Sec Geithner Speaks
IBD/TIPP Economic Optimism
Crude Oil Inventories
FOMC Member Fisher Speaks
Federal Budget Balance
Treasury Currency Report
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!