Cannon Trading / E-Futures.com
I got a short term sell set up on SP 500 as you can see in the daily chart below of the SP500 ( pit session or day session only)
Potential levels if selling pressure resumes tomorrow for your review below as well as possible upside targets if this turns out to be just a small break from the recent rally….
GOOD TRADING!
Daily mini S&P trading chart screenshot from today May 3rd 2011
TRADING LEVELS!
Economic Reports Tuesday May 3rd, 2011
Challenger Job Cuts y/y
7:30am USD
ADP Non-Farm Employment Change
8:15am USD
ISM Non-Manufacturing PMI
10:00am USD
Crude Oil Inventories
10:30am USD
Loan Officer Survey
Tentative 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!