Monthly Chart of Dow Jones Industrial Average, Oct 1st, 2010

I wish all of you a great futures trading month in October.

The saying for day-traders in October should be: NO TRADE IS BETTER THAN A BAD TRADE

For your review, monthly chart of the Dow Jones Cash Index below.

Dow Jones Cash Index Chart
Dow Jones Cash Index Chart

GOOD TRADING!

FUTURES TRADING LEVELS

Futures Trading Levels
Futures Trading Levels

This Week’s Calendar from Econoday.Com
All reports are EST time

Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php

Friday, October 1st 2010 – http://mam.econoday.com/byweek.asp?cust=mam

Ben Bernanke Speaks

Motor Vehicle Sales

  • Personal Income and Outlays
    8:30 AM ET
  • William Dudley Speaks
    8:30 AM ET
  • Consumer Sentiment
    9:55 AM ET
  • ISM Mfg Index
    10:00 AM ET
  • Construction Spending
    10:00 AM ET
  • Charles Evans Speaks
    11:30 AM ET
  • Richard Fisher Speaks
    3:15 PM ET

Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading Inc. Any statement of facts herein 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!