Trading Levels and Reports for September 14, 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 Friday September 14, 2012
Front month for Stock index futures is DECEMBER, symbol for December is Z.
ESZ2, NQZ2 etc.
Big move today after FOMC. many times the real reaction for FOMC will take place the following day. I will be watching carefuly.
Weekly chart of mini SP 500 for your review below.
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|Contract Dec. 2012||SP500 (big & Mini)||Nasdaq100 (big & Mini)||Dow Jones (big & Mini)||Mini Russell||Dollar Index|
|Contract||Dec Gold||Sept. Euro||Oct. Crude Oil||Dec. Bonds|
|Resistance 3||1843.7||1.3192||100.98||150 27/32|
|Resistance 2||1809.3||1.3098||99.78||149 21/32|
|Resistance 1||1788.7||1.3043||98.91||148 18/32|
|Support 1||1733.7||1.2894||96.84||146 9/32|
|Support 2||1699.3||1.2800||95.64||145 3/32|
|Contract||Dec. Corn||Dec. Wheat||Nov. Beans||Dec. Silver|
Core CPI y/y
Employment Change q/q
Core CPI m/m
Core Retail Sales m/m
Retail Sales m/m
Capacity Utilization Rate
Industrial Production m/m
Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectations
Business Inventories m/m
FOMC Member Lockhart Speaks
FOMC Member Raskin Speaks
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