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 Wednesday October 19, 2016
Last two days were a bit quieter than recent action but I have a feeling this will change tomorrow with Crude Oil numbers and housing starts.
Front month for crude oil is now December.
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Levels for Trade Date of 10.19.2016
|Contract Dec. 2016||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||Dec. Gold||Dec. Silver||Dec. Crude Oil||Dec. Bonds||Dec. Euro|
|Resistance 3||1277.0||18.03||51.86||165 31/32||1.1098|
|Resistance 2||1271.3||17.88||51.40||165 7/32||1.1076|
|Resistance 1||1267.3||17.76||51.05||164 25/32||1.1041|
|Support 1||1257.6||17.48||50.24||163 19/32||1.0984|
|Support 2||1251.9||17.33||49.78||162 27/32||1.0962|
|Support 3||1247.9||17.21||49.43||162 13/32||1.0927|
|Contract||Dec. Corn||Dec. Wheat||Nov. Beans||Dec. SoyMeal||Nov. Nat Gas|
Average Earnings Index 3m/y
Claimant Count Change
German 30-y Bond Auction
10-y Bond Auction
Crude Oil Inventories
MPC Member Haldane Speaks
FOMC Member Dudley Speaks