Trading Levels and Reports for September 11, 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 September 11, 2012

 

Hello Traders,

CME group along with ICE exchange will observe the 11th anniversary to the tragic events of Sept. 11th with moments of silence on the trading floors from 7:18 AM to 7:19 AM Central time and 9:28- 9:29 AM central time.ELECTRONIC traders are urged to halt trading for these 1 minute periods in honoring and remembering the victims of this tragedy.

Also please like us on Facebook!!

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.

Contract Sept. 2012 SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Dollar Index
Resistance 3 1444.33 2848.00 13360 849.50 80.70
Resistance 2 1441.17 2835.50 13338 847.00 80.55
Resistance 1 1434.83 2812.00 13294 842.90 80.47
Pivot 1431.67 2799.50 13272 840.40 80.32
Support 1 1425.33 2776.00 13228 836.30 80.24
Support 2 1422.17 2763.50 13206 833.80 80.09
Support 3 1415.83 2740.00 13162 829.70 80.01
Contract Dec Gold Sept. Euro Oct. Crude Oil Dec. Bonds
Resistance 3 1752.7 1.2850 98.11 150 6/32
Resistance 2 1747.5 1.2830 97.37 149 24/32
Resistance 1 1737.4 1.2796 96.82 149 16/32
Pivot 1732.2 1.2776 96.08 149 2/32
Support 1 1722.1 1.2742 95.53 148 26/32
Support 2 1716.9 1.2722 94.79 148 12/32
Support 3 1706.8 1.2688 94.24 148 4/32
Contract Dec. Corn Dec. Wheat Nov. Beans Dec. Silver
Resistance 3 817.5 921.0 1756.50 3452.0
Resistance 2 810.3 914.8 1748.25 3427.0
Resistance 1 796.8 902.3 1733.50 3378.5
Pivot 789.5 896.0 1725.25 3353.5
Support 1 776.0 883.5 1710.5 3305.0
Support 2 768.8 877.3 1702.25 3280.0
Support 3 755.3 864.8 1687.50 3231.5


5. Economic Reports

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

All times are Eastern time Zone (EST)

Date 3:58pm Currency Impact Detail Actual Forecast Previous Graph
Tue

Sep 11
 1:30am EUR
French Final Non-Farm Payrolls q/q
-0.1% -0.1%
2:00am EUR
German WPI m/m
0.3% 0.3%
8:30am USD
Trade Balance
-44.2B -42.9B
10:00am USD
IBD/TIPP Economic Optimism
47.3 45.6

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.

Download Cannon’s new eBook, “Futures Forthright” instantly.


Quick Tip: After registering you will be emailed login information, so be sure to use an email address you have access to. If you need assistance please call us at 1-800-454-9572, a professional broker will help you through the registration process.
________
Doing Business With
See more...
Loading
Loading

Loading