Cannon Trading / E-Futures.com
Wishing all of you a great weekend!
market needs to break out of the current range ( 1325.50 to 1356.50) before we can see different trading ranges.
My speculation is lower….Daily chart of the SP500 ( pit session only) for your review below:
GOOD TRADING!
Daily mini S&P trading chart screenshot from today May 13th 2011
TRADING LEVELS!
Economic Reports Monday May 16th, 2011
Empire State Manufacturing Index
8:30am USD
Fed Chairman Bernanke Speaks
9:00am USD
TIC Long-Term Purchases
9:00am USD
NAHB Housing Market Index
10:00am USD
Treasury Currency Report
Tentative
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!