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Metals report + Futures Trading levels for 11.17.2017

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

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Dear Traders,

Monthly Metals Update
 October
  • Both Gold and Silver futures saw upward movement in October with ADV increasing by 67% and 31% YoY, respectively.
  • Copper options market continued to grow with open interest reaching a 2017 high of 16,415 lots on October 25.
  • Base Metals overall saw October ADV increase by 54% YoY.

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

11-17-2017

Contract December 2017  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2622.33 6478.33 23731 1524.67 8621.23
Resistance 2 2605.92 6418.42 23598 1508.63 8206.52
Resistance 1 2595.08 6380.58 23511 1497.27 7960.31
Pivot 2578.67 6320.67 23378 1481.23 7545.60
Support 1 2567.83 6282.83 23291 1469.87 7299.39
Support 2 2551.42 6222.92 23158 1453.83 6884.68
Support 3 2540.58 6185.08 23071 1442.47 6638.47
Contract December Gold Dec. Silver Dec. Crude Oil Dec.  Bonds Dec.  Euro
Resistance 3 1288.7 17.33 56.26 154 18/32 1.1857
Resistance 2 1285.3 17.23 55.94 154 14/32 1.1838
Resistance 1 1281.8 17.15 55.57 153 26/32 1.1812
Pivot 1278.4 17.05 55.25 153 22/32 1.1794
Support 1 1274.9 16.97 54.88 153  2/32 1.1768
Support 2 1271.5 16.87 54.56 152 30/32 1.1749
Support 3 1268.0 16.79 54.19 152 10/32 1.1723
Contract Dec.  Corn Dec. Wheat January Beans Dec. SoyMeal Dec. Nat Gas
Resistance 3 340.2 429.2 982.25 315.17 3.17
Resistance 2 339.3 426.8 979.50 314.03 3.14
Resistance 1 337.9 424.2 975.75 312.27 3.11
Pivot 337.1 421.8 973.00 311.13 3.08
Support 1 335.7 419.2 969.3 309.4 3.0
Support 2 334.8 416.8 966.50 308.23 3.01
Support 3 333.4 414.2 962.75 306.47 2.98

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Friday, Nevember 17th

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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