Roll Over Notice + Trading Levels and Reports for December 13, 2012
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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 December 13, 2012
Hello Traders,
Rollover Notice for Stock Index Futures
Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, December 13th, is rollover day.
Starting December13th, the March 2013 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the March 2013 contract as of December 13th. Volume in the December 12 contracts will begin to drop off until its expiration on Friday December 21st.
The month code for March is H3.
Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.
Please close any open December Currency positions by the close on Friday the 14th.
Should you have any further question please contact your broker.
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.
5. Economic Reports
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
| Date | 4:22pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
| Thu
Dec 13
|
4:00am | EUR |
ECB Monthly Bulletin
|
||||||
| Day 1 | EUR |
EU Economic Summit
|
|||||||
| All Day | EUR |
Eurogroup Meetings
|
|||||||
| 8:30am | USD |
Core Retail Sales m/m
|
0.0% | 0.0% | |||||
| 8:30am | USD |
PPI m/m
|
-0.5% | -0.2% | |||||
| 8:30am | USD |
Retail Sales m/m
|
0.5% | -0.3% | |||||
| 8:30am | USD |
Unemployment Claims
|
368K | 370K | |||||
| 8:30am | USD |
Core PPI m/m
|
0.2% | -0.2% | |||||
| 10:00am | USD |
Business Inventories m/m
|
0.4% | 0.7% | |||||
| 10:30am | USD |
Natural Gas Storage
|
-4B | -73B | |||||
| 1:00pm | USD |
30-y Bond Auction
|
2.82|2.8 |
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 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
