Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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I wrote this view on the stock indices ( mini SP specifically ) a few days ago for StockHouse.com but price levels and views still hold
Don’t forget we have crude oil inventories report tomorrow at 7:30 AM pacific time ( 10:30 AM EST)
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Levels for Trade Date of 04.19.2017
|Contract June 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||June Gold||May Silver||May Crude Oil||June Bonds||June Euro|
|Resistance 3||1311.3||18.85||54.13||157 10/32||1.0898|
|Resistance 2||1302.8||18.64||53.72||156 13/32||1.0833|
|Resistance 1||1297.5||18.48||53.37||155 26/32||1.0799|
|Support 1||1283.7||18.11||52.61||154 10/32||1.0701|
|Support 2||1275.2||17.90||52.20||153 13/32||1.0636|
|Support 3||1269.9||17.74||51.85||152 26/32||1.0602|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||May Nat Gas|
Italian Trade Balance
Final CPI y/y
Final Core CPI y/y
German 30-y Bond Auction
Crude Oil Inventories
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.