Cannon Trading / E-Futures.com
Daily chart of mini SP 500 below.
If we break todays low of 1310.75, I will favor a move down to 1290. On the other hand if we can hold this level, we may see a bounce to 1326. Chart for your review below:GOOD TRADING!
Daily mini S&P trading chart screenshot from today May 23th 2011
TRADING LEVELS!
Economic Reports Tuesday May 24th, 2011
FOMC Member Duke Speaks
8:25am USD
FOMC Member Plosser Speaks
9:50am USD
New Home Sales
10:00am USD
Richmond Manufacturing Index
10:00am USD
Economics Report Source: http://www.forexfactory.com/calendar.php
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 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!