This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.
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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday July 20, 2012
Hello Traders,
Continue reading “Trading Levels and Reports for July 20, 2012”
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday July 19, 2012
Hello Traders,
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday July 18, 2012
Hello Traders,
Another market that caught my eyes today is the Euro currency. I am getting a small buy signal as well for the Euro with possible targets at 123.96 and 125.34 and stop somewhere below the recent low of 121.71 ( 121.35?) in case I am wrong. If I am wrong and the market does take out the recent low, we may see another leg down before this market bounces.
Continue reading “Trading Levels and Reports for July 18, 2012”
| Contract (September) | Mini S&P 500 | Mini Nasdaq 100 | Dow Jones | Mini Russell 2000 | 30-Year US Bond Sep ’12 | 10-Year US Note Sep ’12 |
| Resistance Level 3 ——————————————Resistance Level 2
—————————————— Resistance Level 1 —————————————— Support Level 1 —————————————— Support Level 2 —————————————— Support Level 3 |
13751364
1354
1345
1340.5
1336.5 |
26252603
2586
2569
2560
2543 |
1291712767
12729
12648
12609
12574 |
809.1803.10
800.5
790.7
787.7
784.6 |
15219 (all time high)15210
15127
15031
15008
14919 |
13507.513500.5(all time high)
13427
13413
13402.5
13325 |
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Monday July 17, 2012
Hello Traders,
WORTH SHARING…from my colleague Dave Register of www.ExitPoints.com
The seven deadly sins for futures traders
1) Overtrading or underfunding your account
2) Chasing performance
3) Using an over optimized system
4) Failure to Always use Stop loss orders
5) Commissions too high
6) Large slippage in illiquid markets
7) Emotional Trading
Visit their blog to learn about trading ideas on weekly basis and let us know if you would like more information about their trading system!
Continue reading “Trading Levels and Reports for July 17, 2012”
| Contract (September) | Mini S&P 500 | Mini Nasdaq 100 | Dow Jones | Mini Russell 2000 | 30-Year US Bond Sep ’12 | 10-Year US Note Sep ’12 |
| Resistance Level 3 ——————————————Resistance Level 2
—————————————— Resistance Level 1 —————————————— Support Level 1 —————————————— Support Level 2 —————————————— Support Level 3 |
13751364
1354
1345
1340.5
1336.5 |
26252603
2586
2568
2558
2550 |
1291712767
12729
12648
12609
12574 |
809.1803.10
797.7
790.7
787.7
784.6 |
15219 (all time high)15213
15205
15027
15004
14917 |
1351613430.5 (all time high)13429.5
13410.5
13401
13324 |
Continue reading “Monday Morning Support and Resistance Numbers”
| Contract (September) | Mini S&P 500 | Mini Nasdaq 100 | Dow Jones | Mini Russell 2000 | 30-Year US Bond Sep ’12 | 10-Year US Note Sep ’12 |
| Resistance Level 3 —————————————— Resistance Level 2 —————————————— Resistance Level 1
—————————————— Support Level 1 —————————————— Support Level 2 —————————————— Support Level 3 |
1347.51341
1333.5
1330.25
1326.25
1318.5 |
25862570
2551
2540
2531
2518 |
1267112612
12548
12514
12480
12425 |
803797.7
792.3
785.4
781.4
774.8 |
15219 (all time high)1520815128
15020
14931
14825 |
13430.5 (all time high)13429.513425.5
13410.5
13401
13324 |
Continue reading “Friday Morning Support and Resistance Numbers”
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday July 13, 2012
Hello Traders,
We saw some volatility in the markets today and swings on both sides. I expect more volatility during tomorrow’s session, which MOST day-traders like. Remember to adjust your trading size LOWER as volatility gets HIGHER….
Below is a daily chart of the mini Russell 2000 contract.
Tomorrow is Friday the 13th…I think if we take out today’s lows, the door will open for a more serious downside move.
Continue reading “Trading Levels and Reports for July 13, 2012”
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday July 11, 2012
Hello Traders,
Visit our website and learn more.
NFA memo about PFG Continue reading “Trading Levels and Reports for July 11, 2012”
Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday July 10, 2012
Hello Traders,
It’s been a while since I took an in depth look at the different markets and below you will see the daily chart of the mini SP as I see it. Possible short. I think a break below 1333 can trigger a revisit of the 1300 area.
Keep in mind we have a week full of reports along with FOMC minutes on Wednesday.
Also be aware that I am “seeing summer trading volume” or in plain language, thinner volume than normal which can create a different trading dynamics for intraday traders.
”
Continue reading “Trading Levels and Reports for July 10, 2012”