Labor Day Trading Schedule + Trading Levels for 8.30.2018
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
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
08-30-2018
| Contract September 2018 | SP500 #ES_F | Nasdaq100 #NQ_F | Dow Jones #YM_F | Mini Russell #RTY_F | BitCoin Index #XBT_F |
| Resistance 3 | 2942.33 | 7790.92 | 26334 | 1754.43 | 7317.37 |
| Resistance 2 | 2929.92 | 7731.58 | 26260 | 1746.37 | 7219.30 |
| Resistance 1 | 2922.33 | 7699.67 | 26199 | 1741.03 | 7110.54 |
| Pivot | 2909.92 | 7640.33 | 26125 | 1732.97 | 7012.47 |
| Support 1 | 2902.33 | 7608.42 | 26064 | 1727.63 | 6903.71 |
| Support 2 | 2889.92 | 7549.08 | 25990 | 1719.57 | 6805.64 |
| Support 3 | 2882.33 | 7517.17 | 25929 | 1714.23 | 6696.88 |
| Contract | December Gold #GC_F | Sept. Silver #SI-F | Oct. Crude Oil #CL-F | Sept. Bonds #ZB_F | Sept. Euro #6E_F |
| Resistance 3 | 1221.1 | 15.01 | 71.56 | 145 10/32 | 1.1796 |
| Resistance 2 | 1217.0 | 14.93 | 70.66 | 145 1/32 | 1.1760 |
| Resistance 1 | 1214.8 | 14.87 | 70.18 | 144 26/32 | 1.1740 |
| Pivot | 1210.7 | 14.79 | 69.28 | 144 17/32 | 1.1704 |
| Support 1 | 1208.5 | 14.74 | 68.80 | 144 10/32 | 1.1684 |
| Support 2 | 1204.4 | 14.66 | 67.90 | 144 1/32 | 1.1648 |
| Support 3 | 1202.2 | 14.60 | 67.42 | 143 26/32 | 1.1628 |
| Contract | Dec. Corn #ZC_F | Dec. Wheat #ZW_F | Nov. Beans #ZS_F | Dec. SoyMeal #ZM_F | Oct. Nat Gas #NG_F |
| Resistance 3 | 362.3 | 561.5 | 850.25 | 311.60 | 2.93 |
| Resistance 2 | 360.7 | 553.3 | 847.00 | 309.80 | 2.90 |
| Resistance 1 | 358.6 | 547.5 | 841.50 | 307.50 | 2.89 |
| Pivot | 356.9 | 539.3 | 838.25 | 305.70 | 2.86 |
| Support 1 | 354.8 | 533.5 | 832.8 | 303.4 | 2.8 |
| Support 2 | 353.2 | 525.3 | 829.50 | 301.60 | 2.81 |
| Support 3 | 351.1 | 519.5 | 824.00 | 299.30 | 2.80 |
Economic Reports, source:
| Date | 4:18pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| ThuAug 30 | 2:00am | EUR |
German Import Prices m/m
|
0.0% | 0.5% | ||||
| All Day | EUR |
German Prelim CPI m/m
|
0.1% | 0.3% | |||||
| 3:00am | EUR |
Spanish Flash CPI y/y
|
2.2% | 2.2% | |||||
| 3:55am | EUR |
German Unemployment Change
|
-8K | -6K | |||||
| 4:30am | GBP |
M4 Money Supply m/m
|
0.2% | -0.3% | |||||
| GBP |
Mortgage Approvals
|
65K | 66K | ||||||
| GBP |
Net Lending to Individuals m/m
|
5.5B | 5.4B | ||||||
| Tentative | EUR |
Italian 10-y Bond Auction
|
2.87|1.4 | ||||||
| 8:30am | USD |
Core PCE Price Index m/m
|
0.2% | 0.1% | |||||
| USD |
Personal Spending m/m
|
0.4% | 0.4% | ||||||
| USD |
Personal Income m/m
|
0.3% | 0.4% | ||||||
| USD |
Unemployment Claims
|
214K | 210K | ||||||
| 10:30am | USD |
Natural Gas Storage
|
58B | 48B | |||||
| 1:30pm | EUR |
German Buba President Weidmann Speaks
|
|||||||
| 7:01pm | GBP |
GfK Consumer Confidence
|
-10 | -10 |
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.
