Trading Levels and Reports for January 25, 2013

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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 Friday January 25, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

We hit a major resistance level today at 1497. The market backed down but not too much for now.How the market behaves around major support and resistance levels is important, so monitor price action over the next few days for clues if we are about to retrace lower ( a break below 1482 can trigger move back to 1455) OR if the market can break the 1497-1500 ( mini SP500) level and trade above it which may signal one more leg up to 1530.If you are a stock index traders, make sure you are aware what earnings are scheduled and when as these earnings definitely affect the index futures.

Here is highlights of earnings schedule for tomorrow:

25. JAN. 2013    Today´s Highlighted Earnings Releases

	SYMBOL	COMPANY	EVENT TITLE	EPS ESTIMATE	EPS ACTUAL	PREV. YEAR ACTUAL	DATE/TIME (ET)
	PG	Procter & Gamble Co	Q2 2013 The Procter & Gamble Company Earnings Release	$ 1.11	n/a	$ 1.10	25-Jan BMO
	HON	Honeywell International Inc	Q4 2012 Honeywell Earnings Release	$ 1.09	n/a	$ 1.05	25-Jan BMO
	HAL	Halliburton Co	Q4 2012 Halliburton Company Earnings Release	n/a	n/a	n/a	25-Jan BMO
	COV	Covidien PLC	Q1 2013 Covidien plc Earnings Release	$ 1.06	n/a	$ 1.13	25-Jan BMO
	WY	Weyerhaeuser Co	Q4 2012 Weyerhaeuser Co. Earnings Release	$ 0.20	n/a	$ 0.14	25-Jan BMO
	KMB	Kimberly-Clark Corp	Q4 2012 Kimberly-Clark Earnings Release	$ 1.35	n/a	$ 1.28	25-Jan BMO

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.

5. Economic Reports

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

All times are Eastern time Zone (EST)