Trading Levels and Reports for December 18, 2012 - Cannon Trading

Trading Levels and Reports for December 18, 2012

 

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 Tuesday December 18, 2012

 

Hello Traders,

This is the last FULL trading week for 2012. Next week is Christmas and the following week is new year and before we know it, it’s going to be 2013.
I think we should see good volume this week in most markets and then a noticeable drop in volume the last two weeks.
Make sure you stay sharp and focused in your trading. It does not take much on the mental side to make a “normal losing day” into a disaster by not staying disciplined and focus.

Happy Holidays!

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 for grains

 

5. Economic Reports

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

All times are Eastern time Zone (EST)

Date 4:08pm Currency Impact Detail Actual Forecast Previous Graph
Tue
Dec 18

 8:30amUSD

Current Account

-105B-117B

10:00amUSD

NAHB Housing Market Index

4746

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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Tags: > > > Posted in: Future Trading News  

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