Trading Levels for 9.20.18 & Top 50 Trading Rules
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
Top 50 Trading Rules: The Most Common Pitfalls To Avoid When Trading Commodity 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.
Futures Trading Levels
09-20-2018
| Contract December 2018 | SP500 #ES_F | Nasdaq100 #NQ_F | Dow Jones #YM_F | Mini Russell #RTY_F | BitCoin Index #XBT_F |
| Resistance 3 | 2933.42 | 7631.00 | 26787 | 1741.20 | 6978.35 |
| Resistance 2 | 2926.08 | 7588.50 | 26645 | 1732.70 | 6745.93 |
| Resistance 1 | 2920.42 | 7555.75 | 26548 | 1720.30 | 6575.77 |
| Pivot | 2913.08 | 7513.25 | 26406 | 1711.80 | 6343.35 |
| Support 1 | 2907.42 | 7480.50 | 26309 | 1699.40 | 6173.19 |
| Support 2 | 2900.08 | 7438.00 | 26167 | 1690.90 | 5940.77 |
| Support 3 | 2894.42 | 7405.25 | 26070 | 1678.50 | 5770.61 |
| Contract | December Gold #GC_F | Dec. Silver #SI-F | Nov. Crude Oil #CL-F | Dec. Bonds #ZB_F | Dec. Euro #6E_F |
| Resistance 3 | 1220.8 | 14.57 | 72.73 | 141 20/32 | 1.1857 |
| Resistance 2 | 1215.9 | 14.47 | 71.78 | 141 6/32 | 1.1827 |
| Resistance 1 | 1212.0 | 14.37 | 71.27 | 140 20/32 | 1.1791 |
| Pivot | 1207.1 | 14.27 | 70.32 | 140 6/32 | 1.1761 |
| Support 1 | 1203.2 | 14.17 | 69.81 | 139 20/32 | 1.1725 |
| Support 2 | 1198.3 | 14.07 | 68.86 | 139 6/32 | 1.1695 |
| Support 3 | 1194.4 | 13.97 | 68.35 | 138 20/32 | 1.1659 |
| Contract | Dec. Corn #ZC_F | Dec. Wheat #ZW_F | Nov. Beans #ZS_F | Dec. SoyMeal #ZM_F | Oct. Nat Gas #NG_F |
| Resistance 3 | 351.1 | 535.4 | 850.92 | 317.73 | 2.98 |
| Resistance 2 | 348.9 | 529.3 | 840.83 | 313.87 | 2.96 |
| Resistance 1 | 347.3 | 525.9 | 835.42 | 311.53 | 2.93 |
| Pivot | 345.2 | 519.8 | 825.33 | 307.67 | 2.92 |
| Support 1 | 343.6 | 516.4 | 819.9 | 305.3 | 2.9 |
| Support 2 | 341.4 | 510.3 | 809.83 | 301.47 | 2.87 |
| Support 3 | 339.8 | 506.9 | 804.42 | 299.13 | 2.84 |
Economic Reports, source:
| Date | 3:22pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| ThuSep 20 | 4:30am | GBP |
Retail Sales m/m
|
-0.2% | 0.7% | ||||
| Tentative | EUR |
Spanish 10-y Bond Auction
|
1.43|1.4 | ||||||
| Tentative | GBP |
10-y Bond Auction
|
1.46|2.2 | ||||||
| 8:30am | USD |
Philly Fed Manufacturing Index
|
17.5 | 11.9 | |||||
| USD |
Unemployment Claims
|
210K | 204K | ||||||
| 10:00am | EUR |
Consumer Confidence
|
-2 | -2 | |||||
| USD |
CB Leading Index m/m
|
0.5% | 0.6% | ||||||
| USD |
Existing Home Sales
|
5.36M | 5.34M | ||||||
| 10:30am | USD |
Natural Gas Storage
|
81B | 69B | |||||
| 11:15am | EUR |
German Buba President Weidmann 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.
