Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
Please have a Safe and Happy Holiday!!
From the CME Globex Control Center, summary of KEY changes, per CME market segment –
Friday – ALL REGULAR closes
Sunday – normal open for all, EXCEPT grains & Livestock = stay closed
Monday – all open markets go into HALT at 12:00 noon
Monday night – NORMAL OPEN for all markets.
Full details at: https://www.cannontrading.com/tools/support-resistance-levels/memorial-day-2017-holiday-schedule-cme-globex-ice-exchanges/
Predict the price oz gold and
| Oil: OPEC Output Cut vs. Rising U.S. Rig Count |
| By Erik Norland, Senior Economist, CME Group |
- OPEC output cut could be negated by rising U.S. supply
- U.S. has added nearly 900,000 barrels per day since Oct 2016
- U.S. rig count has accelerated over the past few months
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
5-26-2017
| Contract June 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2435.25 | 5871.00 | 21216 | 1404.23 | 97.70 |
| Resistance 2 | 2426.50 | 5833.25 | 21156 | 1398.27 | 97.45 |
| Resistance 1 | 2420.00 | 5806.75 | 21108 | 1389.83 | 97.30 |
| Pivot | 2411.25 | 5769.00 | 21048 | 1383.87 | 97.05 |
| Support 1 | 2404.75 | 5742.50 | 21000 | 1375.43 | 96.90 |
| Support 2 | 2396.00 | 5704.75 | 20940 | 1369.47 | 96.65 |
| Support 3 | 2389.50 | 5678.25 | 20892 | 1361.03 | 96.50 |
| Contract | June Gold | July Silver | July Crude Oil | June Bonds | June Euro |
| Resistance 3 | 1264.8 | 17.37 | 54.51 | 154 23/32 | 1.1312 |
| Resistance 2 | 1262.1 | 17.31 | 53.25 | 154 12/32 | 1.1287 |
| Resistance 1 | 1258.9 | 17.23 | 50.96 | 154 4/32 | 1.1254 |
| Pivot | 1256.2 | 17.18 | 49.70 | 153 25/32 | 1.1230 |
| Support 1 | 1253.0 | 17.10 | 47.41 | 153 17/32 | 1.1197 |
| Support 2 | 1250.3 | 17.04 | 46.15 | 153 6/32 | 1.1172 |
| Support 3 | 1247.1 | 16.96 | 43.86 | 152 30/32 | 1.1139 |
| Contract | July Corn | July Wheat | July Beans | July SoyMeal | July Nat Gas |
| Resistance 3 | 375.8 | 440.2 | 961.42 | 309.63 | 3.45 |
| Resistance 2 | 374.3 | 438.1 | 956.83 | 308.57 | 3.40 |
| Resistance 1 | 371.8 | 434.4 | 948.17 | 306.63 | 3.34 |
| Pivot | 370.3 | 432.3 | 943.58 | 305.57 | 3.29 |
| Support 1 | 367.8 | 428.7 | 934.9 | 303.6 | 3.2 |
| Support 2 | 366.3 | 426.6 | 930.33 | 302.57 | 3.18 |
| Support 3 | 363.8 | 422.9 | 921.67 | 300.63 | 3.12 |
Economic Reports, Source:
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.