Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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….
Daily mini S&P trading chart screenshot from today May 3rd 2011
Economic Reports Tuesday May 3rd, 2011
Challenger Job Cuts y/y
ADP Non-Farm Employment Change
ISM Non-Manufacturing PMI
Crude Oil Inventories
Loan Officer Survey
Economics Report Source: http://www.forexfactory.com/calendar.php
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