Futures Trading Levels, OPEC Meets Tomorrow

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Futures Trading Levels, OPEC Meets Tomorrow

Cannon Trading / E-Futures.com

Daily chart of the Mini Sp 500 along with possible support and resistance levels for your review below.

My technical opinion is that we should visit 1272.50 soon.


Daily mini S&P trading chart screenshot from today June 7th, 2011

Stock futures trading chart levels for Tuesday June 7th, 2011



Commodity Futures trading levels for June 8th, 2011

Economic Reports Wednesday June 8th, 2011

OPEC Meetings
All Day

Crude Oil Inventories
10:30am USD

Beige Book
2:00pm USD

FOMC Member Dudley Speaks
9:00pm USD

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!

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