Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday July 28, 2016
FOMC came and gone. Main outcome so far that I noticed was higher precious metals.
Many times the real reaction to FOMC comes the following day but it feels like this one was much less of an event compare to many others before.
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|Contract Sept. 2016||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||Aug. Gold||Sept. Silver||Sept. Crude Oil||Sept. Bonds||Sept. Euro|
|Resistance 3||1384.2||21.64||44.41||175 18/32||1.1220|
|Resistance 2||1366.9||21.06||43.80||174 14/32||1.1155|
|Resistance 1||1357.7||20.75||42.89||173 28/32||1.1115|
|Support 1||1331.2||19.85||41.37||172 6/32||1.1010|
|Support 2||1313.9||19.27||40.76||171 2/32||1.0945|
|Support 3||1304.7||18.96||39.85||170 16/32||1.0905|
|Contract||Dec. Corn||Sept. Wheat||Nov. Beans||Dec. SoyMeal||Nov. Nat Gas|
Nationwide HPI m/m
German Prelim CPI m/m
Spanish Unemployment Rate
German Unemployment Change
Italian 10-y Bond Auction
Natural Gas Storage
GfK Consumer Confidence