1-800-454-9572 info@cannontrading.com

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

 

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 January 3, 2012

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!
2013 started out with a strong, volatile session across the markets. The strong open on stock indices and lower open on bonds/ ten years left a meaningful gap on the charts.While some of the institutions are still out, much of the volume returned to the markets.Below is a screen shot from mini SP500 daytrading session from today.

 

E mini S&P 2013 daily chart

 

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above and be able to apply for any market and any time frame on your own PC ?   You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

 

To start your trial, please visit:

 

If so, please send me an email with the following information:

 

1. Are you currently trading futures?

2. Charting software you use?

3. If you use sierra or ATcharts, please let me know the user name so I can enable you

4. Markets you currently trading?

 

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.

 

trading levels for jan 3rd 2013

 

 

5. Economic Reports

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

All times are Eastern time Zone (EST)

Date 4:03pm Currency Impact Detail Actual Forecast Previous Graph
ThuJan 3  3:00am EUR Spanish Unemployment Change 50.3K 74.3K
3:55am EUR German Unemployment Change 11K 5K
4:00am EUR M3 Money Supply y/y 3.8% 3.9%
4:00am EUR Private Loans y/y -0.5% -0.7%
7:30am USD Challenger Job Cuts y/y 34.4%
8:15am USD ADP Non-Farm Employment Change 134K 118K
8:30am USD Unemployment Claims 356K 350K
All Day USD Total Vehicle Sales 15.3M 15.5M
2:00pm USD FOMC Meeting Minutes

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 trading

Tags: > > > Posted in: Future Trading News  

Comments are closed.

Trading Expertise As Featured In

Real Time Text Alerts.


Directly to your Phone!
  • You will receive a text and email each time there is an entry or exit in a simple language along with the current price for that specific market.
  • A licensed series 3 broker at your fingertips
  • Text alerts available to US and Canada residents. Int'l clients will receive the alerts via email. No obligation

Partners

Loading
Loading

Loading