Futures Trading Levels, October 4th 2010
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
I wish all of you a great trading month in October.
If the first trading of October is an indication for the rest of the month, than October should be an interesting month….
Currently there is a case for both the bulls and the bears.
Bull camp needs to see a close above 1150 while bear camp needs to see a break below 1125. In between it is an open game for moves in both directions.
GOOD TRADING!
FUTURES TRADING LEVELS
Futures Trading Levels
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Monday, October 4th 2010 – http://mam.econoday.com/byweek.asp?cust=mam
Market Focus »
- Factory Orders
10:00 AM ET - Pending Home Sales Index
10:00 AM ET - 4-Week Bill Announcement
11:00 AM ET - 3-Month Bill Auction
11:30 AM ET - 6-Month Bill Auction
11:30 AM ET
Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures 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!
