Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Heads up: Front month for energies is now April. Front month for bonds/ten years is June as of tomorrow. Front month for grains is May.
President Trump will be speaking tonight ( 9 PM Eastern time) and I think that this may move the markets a bit more than usual for the night session….Be aware and be ready for possible shift in volatility tomorrow.
We are starting March with a day full of reports tomorrow, including crude oil inventories, Beige book and more!
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.
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Levels for Trade Date of 03.01.2017
|Contract March 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||Apr. Gold||May Silver||April Crude Oil||June Bonds||March Euro|
|Resistance 3||1269.2||18.73||55.48||152 28/32||1.0698|
|Resistance 2||1264.2||18.62||54.85||152 16/32||1.0667|
|Resistance 1||1258.1||18.50||54.43||152 4/32||1.0633|
|Support 1||1247.0||18.27||53.38||151 12/32||1.0568|
|Support 3||1235.9||18.04||52.33||150 20/32||1.0503|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||April Nat Gas|
Nationwide HPI m/m
German Prelim CPI m/m
Spanish Manufacturing PMI
Italian Manufacturing PMI
French Final Manufacturing PMI
German Unemployment Change
German Final Manufacturing PMI
Final Manufacturing PMI
Net Lending to Individuals m/m
M4 Money Supply m/m
German 10-y Bond Auction
Core PCE Price Index m/m
Personal Spending m/m
Personal Income m/m
Final Manufacturing PMI
ISM Manufacturing PMI
Construction Spending m/m
ISM Manufacturing Prices
Crude Oil Inventories
Total Vehicle Sales
FOMC Member Kaplan Speaks
FOMC Member Brainard Speaks
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.