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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,

Job Report Tomorrow from the CMEGroup.com
Jim and Scott discuss trading E-mini S&P 500 weekly options as a way to hedge or increase exposure in the markets ahead of the US Jobs Report coming out.  Watch Video to learn more.
On a different topic: heads up, gold front month is now AUGUST = Q
Front month for bonds and other financials is September.
Stocks will rollover next week and we will send out a  notice.

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

06-01-2018

Contract June 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2783.25 7089.08 25199 1691.87 7768.17
Resistance 2 2756.25 7041.92 24957 1672.33 7662.39
Resistance 1 2739.75 7012.83 24809 1659.87 7485.36
Pivot 2712.75 6965.67 24567 1640.33 7379.58
Support 1 2696.25 6936.58 24419 1627.87 7202.55
Support 2 2669.25 6889.42 24177 1608.33 7096.77
Support 3 2652.75 6860.33 24029 1595.87 6919.74
Contract August Gold #GC_F July Silver #SI-F July Crude Oil #CL-F Sept.  Bonds  #ZB_F June  Euro #6E_F
Resistance 3 1319.1 16.89 71.30 147 21/32 1.1892
Resistance 2 1313.9 16.73 69.90 146 25/32 1.1792
Resistance 1 1310.3 16.63 69.14 145 23/32 1.1734
Pivot 1305.1 16.48 67.74 144 27/32 1.1634
Support 1 1301.5 16.38 66.98 143 25/32 1.1576
Support 2 1296.3 16.22 65.58 142 29/32 1.1476
Support 3 1292.7 16.12 64.82 141 27/32 1.1418
Contract July  Corn #ZC_F July Wheat #ZW_F July Beans #ZS_F July SoyMeal #ZM_F July Nat Gas #NG_F
Resistance 3 403.8 542.7 1041.50 387.60 2.95
Resistance 2 400.7 536.3 1034.50 383.90 2.93
Resistance 1 397.1 529.2 1028.75 380.40 2.91
Pivot 393.9 522.8 1021.75 376.70 2.89
Support 1 390.3 515.7 1016.0 373.2 2.9
Support 2 387.2 509.3 1009.00 369.50 2.85
Support 3 383.6 502.2 1003.25 366.00 2.83

Economic Reports, source: 

http://app.bettertrader.co 

 

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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