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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.

Cannon Trading / E-Futures.com

June started out with a strong sell off, higher volatility and higher volume than we have seen in a while….if the first day is any sign, then we are in for a volatile month!

Below is a daily chart of Mini Russell 2000 for your review.

Daily Mini Russell 2000 trading chart screenshot from today June 1st, 2011

Stock futures trading chart levels for Wednesday June 1st, 2011

Also a good article I wrote a few years back entitled “Survival Day Trading” is available at the Cannon Trading Futures Trading Newsletter.

GOOD TRADING!

TRADING LEVELS!

Commodity Futures trading levels for June 2nd, 2011

Economic Reports Thursday June 2nd, 2011

Unemployment Claims
8:30am USD

Revised Nonfarm Productivity q/q
8:30am USD

Revised Unit Labor Costs q/q
8:30am USD

Factory Orders m/m
10:00am USD

Natural Gas Storage
10:30am USD

Crude Oil Inventories
11:00am 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!

Tags: > > Posted in: Futures Trading  

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