Futures Trading Levels & Economic Reports for July 20th 2010
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
A quick look at mini Russell 2000 daily chart, as I view the mini Russell as being the leader in price action amongst different indices over past few months.
Daily chart below shows how we’ve been making lower highs and lower lows.
If the pattern continues, I see us visiting the 553-556 area over next few days. On the flip side we need to see a break above 650 in order to provide the bulls with more courage.
This Week’s Calendar from Econoday.Com
All reports are EST time
Tuesday July 20th – http://mam.econoday.com/byweek.asp?cust=mam
- ICSC-Goldman Store Sales – 7:45 AM ET
- Housing Starts – 8:30 AM ET
- Redbook – 8:55 AM ET
- Dan Tarullo Speaks – 10:00 AM ET
- 4-Week Bill Auction – 11:30 AM ET
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