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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.

The FED keeps pumping money through its “Quantitative Easing” and the market continues to bounce higher.

Not sure how long this “game” will continue but a technical overview of the mini Russell (which I feel is the leader amongst indicies) is below for your information.

SP 500 Day Trading

SP 500 Day Trading

GOOD TRADING!

FUTURES TRADING LEVELS

Futures Trading Levels

Futures Trading Levels

This Week’s Calendar from Econoday.Com
All reports are EST time

Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php

Wednesday, October 13th 2010 – http://mam.econoday.com/byweek.asp?cust=mam

  • International Trade
    8:30 AM ET
  • Producer Price Index
    8:30 AM ET
  • Jobless Claims
    8:30 AM ET
  • EIA Natural Gas Report
    10:30 AM ET
  • EIA Petroleum Status Report
    11:00 AM ET
  • 3-Month Bill Announcement
    11:00 AM ET
  • 6-Month Bill Announcement
    11:00 AM ET
  • 52-Week Bill Announcement
    11:00 AM ET
  • 30-Yr Bond Auction
    1:00 PM ET
  • Fed Balance Sheet
    4:30 PM ET
  • Money Supply
    4:30 PM ET
  • Narayana Kocherlakota Speaks
    5:00 PM ET

Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures 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!

 

Tags: > > > > > > Posted in: Commodity Trading   | Future Trading News   | Futures Trading  

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