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Throwback to 2008…Volatile Day! Futures Trading Levels & Economic Report 8.25.2015

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday August 11, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Volatility is skyrocketing. This is a completely different environment for trading than you were in 3-4 weeks ago. Markets are evolving and you must adapt your trading to changing market conditions.

This is where you find out if the gambler in you is stronger than the trader in you or vise versa…. If the trader is the strong one, you will REDUCE trading size, become extra picky in your entries , perhaps even decide not to trade at certain times…. If the gambler is the dominant one… You will find yourself all over the place up huge, down huge and I am sorry to say sooner or later you will blow up…..

Think about it and try help the trader within win over the gambler that resides in the same neighborhood…..

On a different note, please pay attention to LIMIT moves and understand what happens when the market is halting at limit levels:
http://www.cmegroup.com/trading/equity-index/price-limit-guide.html

Last but not least, a monthly chart of the Dow Jones cash index, just in case we may see ” 2008 version 2.0″ in the next few months……
DJI - DJ Industrial Average, Monthly:Heikin-Ashi

DJI – DJ Industrial Average, Monthly:Heikin-Ashi


Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gainsIf you need help creating a trading plan, visit our broker assist services.  

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Contract Sept. 2015 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2092.25 4468.75 17528 1234.90 97.18
Resistance 2 2028.50 4332.50 16970 1195.10 96.07
Resistance 1 1958.50 4180.75 16401 1151.20 94.74
Pivot 1894.75 4044.50 15843 1111.40 93.63
Support 1 1824.75 3892.75 15274 1067.50 92.30
Support 2 1761.00 3756.50 14716 1027.70 91.19
Support 3 1691.00 3604.75 14147 983.80 89.86
Contract Dec. Gold Sept. Silver Sept. Crude Oil Sept. Bonds Sept.   Euro
Resistance 3 1191.7 16.07 42.57 165 18/32 1.2099
Resistance 2 1180.7 15.73 41.52 164 9/32 1.1908
Resistance 1 1167.0 15.24 39.85 162 11/32 1.1754
Pivot 1156.0 14.90 38.80 161 2/32 1.1563
Support 1 1142.3 14.40 37.13 159 4/32 1.1409
Support 2 1131.3 14.06 36.08 157 27/32 1.1218
Support 3 1117.6 13.57 34.41 155 29/32 1.1064
Contract Dec. Corn Dec. Wheat Nov Beans Dec. SoyMeal Sept. Nat Gas
Resistance 3 402.2 531.7 921.83 335.90 2.77
Resistance 2 391.8 520.3 904.67 328.20 2.73
Resistance 1 386.2 514.2 889.33 321.70 2.70
Pivot 375.8 502.8 872.17 314.00 2.66
Support 1 370.2 496.7 856.8 307.5 2.6
Support 2 359.8 485.3 839.67 299.80 2.59
Support 3 354.2 479.2 824.33 293.30 2.56
Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 3:51pm Currency Impact Detail Actual Forecast Previous Graph
TueAug 25 2:00am EUR German Final GDP q/q 0.4% 0.4%
4:00am EUR German Ifo Business Climate 107.6 108.0
9:00am EUR Belgian NBB Business Climate -3.2 -4.1
USD HPI m/m 0.4% 0.4%
USD S&P/CS Composite-20 HPI y/y 5.1% 4.9%
9:45am USD Flash Services PMI 54.1 55.7
10:00am USD CB Consumer Confidence 92.8 90.9
USD New Home Sales 512K 482K
USD Richmond Manufacturing Index 9 13

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 judgment in trading.

 

Tags: > > Posted in: Future Trading News   | Futures Trading  

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