Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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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 Tuesday March 19, 2013
For 2013 I would like to wish all of you discipline and patience in your trading!
Situation in Cypress injected some volatility into stock index futures as well as other futures such as bonds, gold and more.
I got a sell signal Friday after the close on the mini Russell. That signal achieved first target very quickly at 936 but bounced back almost to entry level.
I will use a 953 buy stop and allow this one a chance at second target of 927.
Chart for your review below:
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