Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Fed Takes Lead in Unwinding Quantitative Easing
- By Bluford Putnam
The Fed will likely slash its balance sheet by 2023 to 12-1/2 percent of GDP, but will the Bank of Japan follow suit in unwinding its quantitative easing?
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Futures Trading Levels
|Contract December 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||December Gold||Dec. Silver||Nov. Crude Oil||Dec. Bonds||Dec. Euro|
|Resistance 3||1331.9||17.65||53.42||155 27/32||1.2006|
|Resistance 2||1324.5||17.47||52.92||155 15/32||1.1961|
|Resistance 1||1311.4||17.17||52.42||155 3/32||1.1901|
|Support 1||1290.9||16.69||51.42||154 11/32||1.1795|
|Support 2||1283.5||16.51||50.92||153 31/32||1.1750|
|Support 3||1270.4||16.21||50.42||153 19/32||1.1690|
|Contract||Dec. Corn||Dec. Wheat||November Beans||Dec. SoyMeal||Nov. Nat Gas|
Economic Reports, source:
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