Roll Over Notice + Trading Levels and Reports for December 14, 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 Friday December 14, 2012
Hello Traders,
Rollover Notice for Stock Index Futures
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.
The levels below for mini SP, mini NASDAAQ, Mini Russell, Mini Dow are still based on December contract. HOWEVER, you need to start trading the March contract for all of the below so use the following to get the levels for the March Contract.
Mini SP subtract 6.0 points
Mini Nasdaq subtract 6.0 points
Mini Russell subtract 3.0 points
Mini Dow subtract 60.0 points
As of tomorrow, I will have the levels for MARCH
5. Economic Reports
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
| Date | 4:18pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
| Fri
Dec 14
|
3:00am | EUR |
French Flash Manufacturing PMI
|
44.9 | 44.5 | ||||
| 3:00am | EUR |
French Flash Services PMI
|
45.8 | 45.8 | |||||
| 3:30am | EUR |
German Flash Manufacturing PMI
|
47.1 | 46.8 | |||||
| 3:30am | EUR |
German Flash Services PMI
|
50.0 | 49.7 | |||||
| 4:00am | EUR |
Flash Manufacturing PMI
|
46.6 | 46.2 | |||||
| 4:00am | EUR |
Flash Services PMI
|
47.0 | 46.7 | |||||
| 4:00am | EUR |
Employment Change q/q
|
0.0% | 0.0% | |||||
| Day 2 | EUR |
EU Economic Summit
|
|||||||
| 5:00am | EUR |
CPI y/y
|
2.2% | 2.2% | |||||
| 5:00am | EUR |
Core CPI y/y
|
1.5% | 1.5% | |||||
| 8:30am | USD |
Core CPI m/m
|
0.2% | 0.2% | |||||
| 8:30am | USD |
CPI m/m
|
-0.2% | 0.1% | |||||
| 9:00am | USD |
Flash Manufacturing PMI
|
52.6 | 52.8 | |||||
| 9:15am | USD |
Capacity Utilization Rate
|
77.9% | 77.8% | |||||
| 9:15am | USD |
Industrial Production m/m
|
0.3% | -0.4% |
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 tradin
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