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