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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.

Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.

Our Weekly Newsletter is Ready for Your Review:
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GOOD TRADING!

Trading Levels

futures-trading-levels-20101216

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

Thursday, December 16th, 2010

Building Permits
8:30am USD

Unemployment Claims
8:30am USD

Current Account
8:30am USD

Housing Starts
8:30am USD

Philly Fed Manufacturing Index
10:00am USD

Natural Gas Storage
10:30am USD

Treasury Currency Report
Tentative 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: Future Trading News   | Futures Broker   | Futures Exchange  

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  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
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