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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

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Dear Traders,

There will be no trading commentary today.

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.

Futures Trading Levels

5-1-2018

Contract June 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2707.92 6811.33 24706 1584.47 10077.53
Resistance 2 2695.08 6764.67 24582 1575.73 9771.04
Resistance 1 2671.42 6688.83 24358 1559.47 9541.12
Pivot 2658.58 6642.17 24234 1550.73 9234.63
Support 1 2634.92 6566.33 24010 1534.47 9004.71
Support 2 2622.08 6519.67 23886 1525.73 8698.22
Support 3 2598.42 6443.83 23662 1509.47 8468.30
Contract June Gold #GC_F May Silver #SI-F June Crude Oil #CL-F June  Bonds  #ZB_F June  Euro #6E_F
Resistance 3 1339.6 16.91 71.63 144 23/32 1.2239
Resistance 2 1332.8 16.75 70.49 144  9/32 1.2210
Resistance 1 1324.4 16.56 69.46 143 29/32 1.2165
Pivot 1317.6 16.39 68.32 143 15/32 1.2135
Support 1 1309.2 16.20 67.29 143  3/32 1.2090
Support 2 1302.4 16.04 66.15 142 21/32 1.2061
Support 3 1294.0 15.85 65.12 142  9/32 1.2016
Contract July  Corn #ZC_F July Wheat #ZW_F July Beans #ZS_F July SoyMeal #ZM_F May Nat Gas #NG_F
Resistance 3 407.8 525.4 1074.67 411.47 2.84
Resistance 2 405.9 519.3 1068.83 407.53 2.81
Resistance 1 403.3 514.9 1058.67 400.67 2.79
Pivot 401.4 508.8 1052.83 396.73 2.76
Support 1 398.8 504.4 1042.7 389.9 2.7
Support 2 396.9 498.3 1036.83 385.93 2.71
Support 3 394.3 493.9 1026.67 379.07 2.69

Economic Reports

 Source: http://forexfactory.com

Date 4:09pm Currency Impact Detail Actual Forecast Previous Graph
TueMay 1 All Day EUR
French Bank Holiday
All Day EUR
German Bank Holiday
All Day EUR
Italian Bank Holiday
 4:30am GBP
Manufacturing PMI
54.8 55.1
GBP
Net Lending to Individuals m/m
4.9B 5.4B
GBP
M4 Money Supply m/m
0.2% -0.3%
GBP
Mortgage Approvals
63K 64K
9:45am USD
Final Manufacturing PMI
56.5 56.5
10:00am USD
ISM Manufacturing PMI
58.4 59.3
USD
Construction Spending m/m
0.5% 0.1%
USD
ISM Manufacturing Prices
78.3 78.1
All Day USD
Total Vehicle Sales
17.1M 17.5M
7:01pm GBP
BRC Shop Price Index y/y
-1.0%

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 here in 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 judgement in trading.

Tags: > Posted in: Future Trading News   | Futures Trading  

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