Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Cannon Trading / E-Futures.com
Market in the news today (and actually for last few weeks/months….) is gold. Hitting the psychological level of $1500. Below is daily chart along with possible levels if we continue higher and possible levels if we witness profit taking.
Daily E-Mini S&P 500 futures trading chart screenshot from today April 19th 2011
Economic Reports Wednesday April 20, 2011
Existing Home Sales
Crude Oil Inventories
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!