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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.

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Dear Traders,

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Grain report tomorrow will move the beans, wheat, corn, bean oil, oats and will also impact the cattle, hogs and feeders markets. Mark the time and do your research if you are trading these markets. Report comes out at 11 Am CDT.
If you are not a grain trader, it may be of interest for you to follow and observe price action tomorrow.
regardless, i thought the following image is educational by nature, from https://www.futuresfundamentals.org

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

09-12-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2924.50 7675.92 26369 1743.97 6615.89
Resistance 2 2908.75 7600.33 26203 1734.63 6509.24
Resistance 1 2898.75 7555.67 26095 1727.47 6383.32
Pivot 2883.00 7480.08 25929 1718.13 6276.67
Support 1 2873.00 7435.42 25821 1710.97 6150.75
Support 2 2857.25 7359.83 25655 1701.63 6044.10
Support 3 2847.25 7315.17 25547 1694.47 5918.18
Contract December Gold #GC_F Dec. Silver #SI-F Oct. Crude Oil #CL-F Dec.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1216.3 14.60 72.21 143 16/32 1.1720
Resistance 2 1209.6 14.43 70.88 143  5/32 1.1685
Resistance 1 1206.0 14.30 70.14 142 19/32 1.1642
Pivot 1199.3 14.13 68.81 142  8/32 1.1606
Support 1 1195.7 14.00 68.07 141 22/32 1.1563
Support 2 1189.0 13.83 66.74 141 11/32 1.1528
Support 3 1185.4 13.70 66.00 140 25/32 1.1485
Contract Dec.  Corn #ZC_F Dec. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F
Resistance 3 370.9 527.0 853.92 325.10 2.90
Resistance 2 369.6 524.8 849.08 322.80 2.87
Resistance 1 368.2 521.8 840.42 319.50 2.85
Pivot 366.8 519.5 835.58 317.20 2.82
Support 1 365.4 516.5 826.9 313.9 2.8
Support 2 364.1 514.3 822.08 311.60 2.77
Support 3 362.7 511.3 813.42 308.30 2.75

Economic Reports, source: 

www.forexfactory.com

Date 2:34pm Currency Impact Detail Actual Forecast Previous Graph
WedSep 12  4:00am EUR
Italian Industrial Production m/m
-0.4% 0.5%
5:00am EUR
Industrial Production m/m
-0.5% -0.7%
EUR
Italian Quarterly Unemployment Rate
10.8% 11.1%
Tentative EUR
German 30-y Bond Auction
0.94|1.6
8:30am USD
PPI m/m
0.2% 0.0%
USD
Core PPI m/m
0.2% 0.1%
10:30am USD
Crude Oil Inventories
-1.3M -4.3M
12:45pm USD
FOMC Member Brainard Speaks
1:01pm USD
10-y Bond Auction
2.96|2.5
2:00pm USD
Beige Book

 

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 here in 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 judgement in trading.

Posted in: Future Trading News  

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