Trading Levels and Reports for October 3, 2012 - Cannon Trading

Trading Levels and Reports for October 3, 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 Wednesday October 3, 2012

 

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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 1458.23 2844.00 13610 851.93 484.50
Resistance 2 1452.02 2825.50 13550 847.47 479.90
Resistance 1 1445.13 2808.00 13475 842.13 471.40
Pivot 1438.92 2789.50 13415 837.67 466.80
Support 1 1432.03 2772.00 13340 832.33 458.30
Support 2 1425.82 2753.50 13280 827.87 453.70
Support 3 1418.93 2736.00 13205 822.53 445.20
Contract Dec Gold Dec. Silver Nov. Crude Oil Dec. Bonds Dec. Euro
Resistance 3 1798.8 3574.2 93.79 150 28/32 1.3062
Resistance 2 1792.7 3542.8 93.37 150 14/32 1.3021
Resistance 1 1784.5 3504.7 92.54 150  4/32 1.2973
Pivot 1778.4 3473.3 92.12 149 22/32 1.2932
Support 1 1770.2 3435.2 91.29 149 12/32 1.2884
Support 2 1764.1 3403.8 90.87 148 30/32 1.2843
Support 3 1755.9 3365.7 90.04 148 20/32 1.2795
Contract Dec. Corn Dec. Wheat Nov. Beans Dec. SoyMeal Dec. bean Oil
Resistance 3 768.0 882.0 1559.33 484.50 51.18
Resistance 2 763.8 878.0 1553.17 479.90 51.04
Resistance 1 761.0 874.8 1541.83 471.40 50.86
Pivot 756.8 870.8 1535.67 466.80 50.72
Support 1 754.0 867.5 1524.3 458.3 50.5
Support 2 749.8 863.5 1518.17 453.70 50.40
Support 3 747.0 860.3 1506.83 445.20 50.22

5. Economic Reports

All times are Eastern time Zone (EST)

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

Date 3:53pm Currency Impact Detail Actual Forecast Previous Graph
Wed

Oct 3
All Day EUR
German Bank Holiday
 3:15am EUR
Spanish Services PMI
44.0
3:45am EUR
Italian Services PMI
43.6 44.0
4:00am EUR
Final Services PMI
46.0 46.0
5:00am EUR
Retail Sales m/m
-0.1% -0.2%
8:15am USD
ADP Non-Farm Employment Change
145K 201K
10:00am USD
ISM Non-Manufacturing PMI
53.2 53.7
10:30am USD
Crude Oil Inventories
-2.4M

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

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