Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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:
Daily mini S&P trading chart screenshot from today May 13th 2011
Economic Reports Monday May 16th, 2011
Empire State Manufacturing Index
Fed Chairman Bernanke Speaks
TIC Long-Term Purchases
NAHB Housing Market Index
Treasury Currency Report
Economics Report Source: http://www.forexfactory.com/calendar.php
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