Trading Levels and Economic Reports for February 20, 2013
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 Wednesday February 20, 2013
For 2013 I would like to wish all of you discipline and patience in your trading!
Markets came back from the long weekend very sluggish for the most part with lower volume than average.
This will change tomorrow as we have some early morning reports along with FOMC minutes later in the day.
One market that is seeing volatility is the gold market.
Weekly chart with LONGER term levels to watch for ( including the very important 1690 support level) is below for your review.
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