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 Tuesday December 22, 2015
For 2015 I would like to wish all of you discipline and patience in your trading!
There will be no market commentary today.
Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gains. If you need help creating a trading plan, visit our broker assist services.
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.
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|Contract March 2016||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||Feb. Gold||March Silver||Jan. Crude Oil||Mar. Bonds||March Euro|
|Resistance 3||1103.1||14.66||36.89||157 21/32||1.1073|
|Resistance 2||1092.3||14.49||36.50||157 9/32||1.1019|
|Resistance 1||1084.8||14.37||36.14||156 25/32||1.0982|
|Support 1||1066.5||14.09||35.39||155 29/32||1.0891|
|Support 2||1055.7||13.92||35.00||155 17/32||1.0837|
|Support 3||1048.2||13.80||34.64||155 1/32||1.0800|
|Contract||Mar. Corn||Mar. Wheat||Jan Beans||Jan. SoyMeal||Jan. Nat Gas|
|TueDec 22||2:00am||EUR||German Import Prices m/m||0.2%||-0.3%|
|EUR||GfK German Consumer Climate||9.3||9.3|
|8:30am||USD||Final GDP q/q||1.9%||2.1%|
|USD||Final GDP Price Index q/q||1.3%||1.3%|
|9:00am||EUR||Belgian NBB Business Climate||-4.0||-3.9|
|10:00am||USD||Existing Home Sales||5.32M||5.36M|
|USD||Richmond Manufacturing Index||-1||-3|
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 here in 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.