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Mini S&P Daily Chart & Economic Reports 9.04.2015

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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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 Friday September 4, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Greetings! 

From my colleague John Thorpe below:

The market structure has changed if you hadn’t noticed.

Does this change create more or less volatility?

ESUS-Daily(Default):6Hours 3minites 49 seconds

ESUS-Daily(Default):6Hours 3minites 49 seconds

The past few weeks of volatility in the equity and bond markets have been absent of major players from previous market volatility.
Major banks, National banks (other than certain limited-purpose trust banks), federal savings associations, and federal branches and agencies of foreign banks (collectively, banks) are required to fully conform their activities and investments to the requirements of the final regulations by the end of the conformance period, which the FRB has extended to July 21, 2015 (please see footnote below)
SUMMARY: The OCC, Board, FDIC, and SEC (individually, an ”Agency,” and collectively, ”the Agencies”) are adopting a rule that would implement section 13 of the BHC Act, which was added by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (”Dodd-Frank Act”). Section 13 contains certain prohibitions and restrictions on the ability of a banking entity and non-bank financial company supervised by the Board to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity fund.
For those that would find it essential reading and like to submerse in 71 pages of regulatory (the preamble of the regulation is more than 800 pages) and find “the rules of the game” essential reading. Please select The Volcker Rule here.

Footnote: 1.)  Office of the Comptroller of the Currency, U.S. Department of the Treasury. OCC Bulletin 2014-9;  Final Regulations

 On a different note, Wishing everyone Happy and Safe Labor Day. Please see trading schedule below:
CMEGlobex Labor Day Holiday Schedule

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Contract Sept. 2015 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 1999.00 4371.08 16741 1169.50 97.55
Resistance 2 1986.25 4337.67 16639 1163.40 97.09
Resistance 1 1967.50 4286.58 16503 1153.30 96.72
Pivot 1954.75 4253.17 16401 1147.20 96.27
Support 1 1936.00 4202.08 16265 1137.10 95.90
Support 2 1923.25 4168.67 16163 1131.00 95.44
Support 3 1904.50 4117.58 16027 1120.90 95.07
Contract Dec. Gold Dec. Silver Oct. Crude Oil Dec. Bonds Sept.   Euro
Resistance 3 1144.9 15.29 51.11 156 9/32 1.1377
Resistance 2 1139.4 15.12 49.76 155 19/32 1.1311
Resistance 1 1132.1 14.89 48.34 155 3/32 1.1220
Pivot 1126.6 14.72 46.99 154 13/32 1.1154
Support 1 1119.3 14.49 45.57 153 29/32 1.1063
Support 2 1113.8 14.32 44.22 153 7/32 1.0997
Support 3 1106.5 14.09 42.80 152 23/32 1.0906
Contract Dec. Corn Dec. Wheat Nov Beans Dec. SoyMeal Oct. Nat Gas
Resistance 3 372.7 489.0 892.83 318.07 2.86
Resistance 2 370.3 484.3 887.67 314.93 2.80
Resistance 1 365.9 474.8 878.58 311.57 2.76
Pivot 363.6 470.0 873.42 308.43 2.69
Support 1 359.2 460.5 864.3 305.1 2.7
Support 2 356.8 455.8 859.17 301.93 2.59
Support 3 352.4 446.3 850.08 298.57 2.55
Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 3:32pm Currency Impact Detail Actual Forecast Previous Graph
FriSep 4  2:00am EUR German Factory Orders m/m -0.5% 2.0%
4:10am EUR Retail PMI 54.2
5:00am EUR Revised GDP q/q 0.3% 0.3%
Day 1 ALL G20 Meetings
8:10am USD FOMC Member Lacker Speaks
8:30am USD Average Hourly Earnings m/m 0.2% 0.2%
USD Non-Farm Employment Change 217K 215K
USD Unemployment Rate 5.2% 5.3%

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 judgment in trading.

 

Tags: > > Posted in: Commodity Trading   | Future Trading News   | Futures Trading   | Indices  

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