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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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From www.Econoday.com:
The Bureau of Economic Analysis (BEA) will release fourth-quarter GDP, originally scheduled for January 30, on Thursday, February 28. The BEA is calling this the “initial” release which will compress what are normally the first and second estimates (the second estimate was originally scheduled for February 28). The final release for fourth-quarter GDP remains scheduled for March 28.
On Friday, March 1, the BEA will release a single report that will include personal income and outlays for December, which was originally scheduled for January 31, as well as personal income for January as scheduled. Outlays for January, however, as well as the savings rate will not be included in this release.
International trade in goods and services for December, which was originally set for February 5, will be posted on Wednesday, March 6.
For the Census Department changes are as follows:
Durable goods orders for December will be posted on February 21 with January through March to be announced.
Wholesale trade for December is scheduled for February 25 with dates for January through March to be announced. Housing Starts for December are set for February 26 with dates for January to March likewise to be announced.
Factory orders for December are set for February 27 and to be announced at a later date will be January through March. Advance economic indicators for December — international trade in goods, retail inventories, wholesale inventories — will also be posted February 27 with January through March to be announced.
March 4 will see December construction spending and March 5 December new home sales with January through March data for both series to be announced.
Advance quarterly services for the fourth quarter that was set for March 7 has been canceled and not rescheduled. Final quarterly services for the fourth quarter are scheduled for March 21.
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Futures Trading Levels

02-26-2019

 

 

Economic Reports
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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.

 

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.

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