Trading Levels and Reports 11-21-2012
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 Thursday November 22, 2012
Hello Traders,
Hello Traders,
This is the last blog until Monday Nov. 26th.
CME Group Equity Products
1615 CT – Regular CME Globex close for trade date Wednesday, Nov 21
1700 CT – Regular CME Globex open for trade date Friday, Nov 23
Note: Day/Session orders entered after 1700 CT on Wednesday are for trade date Friday, Nov 23 and will continue working until Friday’s close at 1215 CT
Note: USD- Ibovespa Futures will remain closed until their 0515 open on
Thursday, Nov 22
Thursday, Nov 22
1030 CT – Trading halt
* Order entry, modification and cancellation allowed
1700 CT – Equity products resume trading
Note: USD- Ibovespa Futures will remain closed until their 0515 open on
Friday, Nov 23
Friday, Nov 23
1215 CT – Early CME Globex close for trade date Friday, Nov 23
CME Group Thanksgiving Schedule
ICE Exchange Thanksgiving Schedule
Wishing all of you a great Thanksgiving holiday with family and loved ones!
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.
| Contract Dec. 2012 | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell | Dollar Index |
| Resistance 3 | 1404.75 | 2633.17 | 12863 | 807.00 | 442.43 |
| Resistance 2 | 1397.00 | 2617.58 | 12837 | 801.80 | 438.97 |
| Resistance 1 | 1392.50 | 2608.17 | 12823 | 798.60 | 433.43 |
| Pivot | 1384.75 | 2592.58 | 12797 | 793.40 | 429.97 |
| Support 1 | 1380.25 | 2583.17 | 12783 | 790.20 | 424.43 |
| Support 2 | 1372.50 | 2567.58 | 12757 | 785.00 | 420.97 |
| Support 3 | 1368.00 | 2558.17 | 12743 | 781.80 | 415.43 |
| Contract | Dec Gold | Dec. Silver | Jan. Crude Oil | Dec. Bonds | Dec. Euro |
| Resistance 3 | 1748.5 | 3411.5 | 89.78 | 150 23/32 | 1.2959 |
| Resistance 2 | 1740.2 | 3375.5 | 88.84 | 150 16/32 | 1.2898 |
| Resistance 1 | 1734.9 | 3354.5 | 88.26 | 150 10/32 | 1.2862 |
| Pivot | 1726.6 | 3318.5 | 87.32 | 150 3/32 | 1.2801 |
| Support 1 | 1721.3 | 3297.5 | 86.74 | 149 29/32 | 1.2765 |
| Support 2 | 1713.0 | 3261.5 | 85.80 | 149 22/32 | 1.2704 |
| Support 3 | 1707.7 | 3240.5 | 85.22 | 149 16/32 | 1.2668 |
| Contract | Dec. Corn | Dec. Wheat | Jan. Beans | Dec. SoyMeal | Dec. bean Oil |
| Resistance 3 | 754.8 | 845.7 | 1431.00 | 442.43 | 49.15 |
| Resistance 2 | 751.8 | 845.6 | 1425.75 | 438.97 | 49.08 |
| Resistance 1 | 748.5 | 845.4 | 1417.00 | 433.43 | 48.96 |
| Pivot | 745.5 | 845.3 | 1411.75 | 429.97 | 48.89 |
| Support 1 | 742.3 | 845.2 | 1403.0 | 424.4 | 48.8 |
| Support 2 | 739.3 | 845.1 | 1397.75 | 420.97 | 48.70 |
| Support 3 | 736.0 | 844.9 | 1389.00 | 415.43 | 48.58 |
5. Economic Reports
source:http://www.forexfactory.com/calendar.php
All times are Eastern time Zone (EST)
| Date | 4:00pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
| Thu
Nov 22
|
3:00am | EUR |
French Flash Manufacturing PMI
|
44.1 | 43.7 | ||||
| 3:00am | EUR |
French Flash Services PMI
|
45.3 | 44.6 | |||||
| 3:30am | EUR |
German Flash Manufacturing PMI
|
45.9 | 46.0 | |||||
| 3:30am | EUR |
German Flash Services PMI
|
48.5 | 48.4 | |||||
| 4:00am | EUR |
Flash Manufacturing PMI
|
45.6 | 45.4 | |||||
| 4:00am | EUR |
Flash Services PMI
|
46.1 | 46.0 | |||||
| Day 1 | EUR |
EU Economic Summit
|
|||||||
| Tentative | EUR |
Spanish 10-y Bond Auction
|
5.46|1.9 | ||||||
| All Day | USD |
Bank Holiday
|
|||||||
| 10:00am | EUR |
Consumer Confidence
|
-26 | -26 |
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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