Trading Levels and Reports for September 27, 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 Thursday September 27, 2012

 

Hello Traders,

Be patient and stay disciplined.

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 Dec. 2012 SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Dollar Index
Resistance 3 1445.00 2830.00 13461 850.97 501.17
Resistance 2 1440.25 2813.00 13435 845.83 494.83
Resistance 1 1434.00 2795.00 13388 838.17 485.87
Pivot 1429.25 2778.00 13362 833.03 479.53
Support 1 1423.00 2760.00 13315 825.37 470.57
Support 2 1418.25 2743.00 13289 820.23 464.23
Support 3 1412.00 2725.00 13242 812.57 455.27
Contract Dec Gold Dec. Silver Nov. Crude Oil Dec. Bonds Dec. Euro
Resistance 3 1798.9 3503.3 93.61 151 26/32 1.2999
Resistance 2 1783.7 3457.2 92.47 150 27/32 1.2961
Resistance 1 1768.8 3428.3 91.22 150 12/32 1.2921
Pivot 1753.6 3382.2 90.08 149 13/32 1.2883
Support 1 1738.7 3353.3 88.83 148 30/32 1.2843
Support 2 1723.5 3307.2 87.69 147 31/32 1.2805
Support 3 1708.6 3278.3 86.44 147 16/32 1.2765
Contract Dec. Corn Dec. Wheat Nov. Beans Dec. SoyMeal Dec. bean Oil
Resistance 3 739.6 870.8 1607.17 501.17 53.22
Resistance 2 735.9 870.4 1597.33 494.83 52.98
Resistance 1 730.3 869.8 1585.17 485.87 52.55
Pivot 726.7 869.4 1575.33 479.53 52.31
Support 1 721.1 868.8 1563.2 470.6 51.9
Support 2 717.4 868.4 1553.33 464.23 51.64
Support 3 711.8 867.8 1541.17 455.27 51.21

 


5. Economic Reports

All times are Eastern time Zone (EST)

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

Date 4:10pm Currency Impact Detail Actual Forecast Previous Graph
Thu

Sep 27
 2:00am EUR
German Import Prices m/m
0.9% 0.7%
3:55am EUR
German Unemployment Change
10K 9K
4:00am EUR
M3 Money Supply y/y
3.3% 3.8%
4:00am EUR
Private Loans y/y
0.1% 0.1%
4:10am EUR
Retail PMI
44.4
Tentative EUR
Italian 10-y Bond Auction
5.82|1.4
8:30am USD
Core Durable Goods Orders m/m
0.2% -0.6%
8:30am USD
Unemployment Claims
378K 382K
8:30am USD
Durable Goods Orders m/m
-4.7% 4.1%
8:30am USD
Final GDP q/q
1.7% 1.7%
8:30am USD
Final GDP Price Index q/q
1.6% 1.6%
10:00am USD
Pending Home Sales m/m
-0.4% 2.4%
10:30am USD
Natural Gas Storage

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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